February 16, 2015

China methionine prices stagnant amid light trade
 
 
Prices of methionine stayed flat during the week ending February 16.

Price quotes of imported dl-methionine stayed unchanged in the range of RMB40-41/kg.

Trade was light in the methionine market as most buyers have secured enough supplies lately. Moreover, as the livestock market underperformed even during the pre-Chinese New Year period, feed millers, who were wary about the post-festive market, were cautious with the procurements of ingredients.

Transaction volume will be minimal in the couple of days leading to Chinese New Year holidays.
        
   
RMB1=US$0.1600 (Feb 16)
    
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