December 1, 2014
China methionine prices plunge 36% in three weeks
Prices of methionine slid further during the week ending November 30.
Although the availability of methionine remained tight, prices fell substantially over the weeks traders were eager to release stocks while the demand for poultry feed was slow.
Accumulatively, methionine spot prices have plunged 36% over the past three weeks.
Buyers will continue to withhold the buying of methionine.
RMB1=US$0.1627 (Dec 1)
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