June 7, 2022
China Methionine: Prices soften further (week ended Jun 6, 2022)
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Ample availability, in conjunction with cautious demand, exerted pressure on methionine market.
Transacted price of locally produced dl-methionine in China fell to the range of RMB18.70-21/kg, whereas those of imported products stayed at RMB21.50/kg.
Methionine hydroxy analogue prices weakened to the range of RMB15-17.20/kg.
Export prices of dl-methionine slid to US$2.80/kg.
Prices of. Methionine are likely to move lower as supply exceeds demand.
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