November 4, 2013
Low availability, withheld releases tighten China methionine supply
Prices of methionine were stable to higher during the week ending November 4.
As local production of methionine was cut, traders withheld releases in view of stronger prices in the coming period.
Liquid methionine* quotes in the general market were at RMB20-20.50/kg.
Even though demands for methionine are expected be flat due to poor livestock prices and low feed consumption, the market will continue to be firm with availability of the product tight.
RMB1=US$0.1640 (Nov 4)
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