Poultry
xClose

Loading ...
Swine
xClose

Loading ...
Dairy & Ruminant
xClose

Loading ...
Aquaculture
xClose

Loading ...
Feed
xClose

Loading ...
Animal Health
xClose

Loading ...
RSS

December 5, 2011
 
China Methionine Weekly: Market poised to stay soft (week ended Dec 4, 2011)
 
An eFeedLink Exclusive
 
 
Price summary
 
Prices continued to move lower.
 
Quotes for dl-methionine in the general markets reduced kg to RMB37.50-38/kg, while average transacted prices (delivered to feed mill) fell by RMB0.50/kg to RB37.10-37.70/kg.
 
Liquid methionine* quotes in the general market were lower in the range of RMB28.50-29.50/kg.
 

Weekly transacted prices of dl-methionine in China

Area

Week 47

Week 48

Price change
(RMB/kg)

Nov 21 - 27 (RMB/kg)

Nov 28 - Dec 4 (RMB/kg)

Guangzhou

38.30

37.70

-0.60

Chengdu

38.30

37.50

-0.80

Jinan

38.10

37.40

-0.70

Nanjing

38.10

37.50

-0.60

Shijiazhuang

38.20

37.50

-0.70

Zhengzhou

37.80

37.20

-0.60

Shenyang

38.40

37.60

-0.80

Beijing

38.00

37.50

-0.50

Prices refer to delivered-to-feedmill prices, and are for reference only.

 

 

 

 

Weekly transacted prices of liquid methionine* in China

Area

Week 47

Week 48

Price change
(RMB/kg)

Nov 21 - 27 (RMB/kg)

Nov 28 - Dec 4 (RMB/kg)

North

29.80

29.40

-0.40

Central

29.90

29.50

-0.40

South

29.60

29.30

-0.30

Prices refer to delivered-to-feedmill prices, and are for reference only.
RMB1=US$0.1571 (Dec 5)

 
*Commonly referred to in China as liquid methionine is methionine hydroxyl analogue, a liquid source of supplemental methionine.
 
 
Global markets
 
In Europe, quotes for 2012 Q1 orders remained at EUR3.42-3.45/kg amid lighter trade.
 
 
Market analysis
 
Demand for methionine remained weak amid slow feed consumption, compelling suppliers to negotiate prices further.
 
 
Market forecast
 
Buyers are cautious as the outlook of livestock industry looks bleak. Demand for methionine is therefore unlikely to improve in the coming period.
 

 


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

Share this article on FacebookShare this article on TwitterPrint this articleForward this article
Previous
My eFeedLink last read