November 15, 2016
China methionine prices continue to rise despite soft global market
Prices of methionine moved higher during the week ending November 14.
Demand for methionine was slow as the poultry feed market stayed weak. Nonetheless, local producers lifted price quotes over the week as the prices of methionine continued to surge amid a weakening renminbi and tighter supplies.
Price quotes of imported dl-methionine climbed to the range of RMB26.40-26.50/kg.
RMB1=US$0.1461 (Nov 15)
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