February 4, 2015
China methionine prices rebound as suppliers stand firm

Prices of methionine moved higher during the week ending February 2.

Liquid methionine price quotes stayed in the range of RM31-33/kg.

Suppliers of imported methionine continued to lift prices while availability was limited, whereas traders withheld releases as prices trended higher. Nonetheless, as feed millers were reluctant to stockpile high inventories with the livestock markets underperforming, the upward scope of methionine market was limited. 

RMB1=US$0.1600 (Feb 4)
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