March 8, 2016
 
Weak trends prevail in China methionine market
 

Prices of methionine slid further during the week ending March 7.

Egg prices stayed low despite rebounding of late, hence dampening the demand for layer feed. This, together with limited piglet and broiler inventories, exerted pressure on the methionine market.

Price quotes of imported dl-methionine moved lower to the range of RMB30-31/kg.

Methionine sales are poised to remain limited with livestock feed production at yearly low levels.

RMB1=US$0.1537 (Mar 8)
                
                   
The full market report (with complete data) of this excerpt is availablehere.
                                                            
All rights reserved. No part of the report may be reproduced without permission from eFeedLink.
Video >

Follow Us

FacebookTwitterLinkedIn