October 15, 2018
Low supply supports China methionine market despite flat demand
Prices of methionine were stable to higher during the week ending October 15.
Methionine availability was tight after the holidays as imports were limited due to the high costs while export demand increased with renminbi weakening. Hence, even as post-festive poultry feed demand was flat, methionine market stayed firm in China.
Price quotes of imported dl-methionine strengthened to the range of RMB18.30-18.50/kg.
RMB1=US$0.1445 (Oct 15)
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