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November 30, 2016

 

China methionine sellers stand firm despite slack demand

 

 

Prices of methionine were mostly unchanged during the week ending November 29.

 

Poultry market remained weak, hampering the sales of methionine while feed consumption was slow. However, as import costs stayed high due to the depreciation of renminbi, most distributors and traders stood firm in efforts to maintain profit margins.
 
For liquid methionine, price quotes consolidated around RMB24/kg.
 

RMB1=US$0.1453 (Nov 30)

 

 

The full market report (with complete data) of this excerpt is available here.

 

All rights reserved. No part of this report may be reproduced without the permission of eFeedLink.

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