December 6, 2017
China methionine prices flat while traders clear stocks
Prices of methionine remained stable during the week ending December 1.
Demand for methionine was stable as poultry feed producers were more confident to step up production with the prices of broilers rising. However, traders who were eager to clear stocks held down prices, hence limiting the upward scope of methionine market.
Price quotes of imported dl-methionine stayed unchanged in the range of RMB22.50-23/kg.
RMB1=US$0.1511 (Dec 4)
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