June 9, 2021

China Methionine: Producers cut prices to move sales (week ended Jun 7, 2021)


Buying interest was weak with the poultry markets underperforming. Producers lowered methionine prices amid bloating inventories in a bid to stimulate sales.

Methionine market will be under pressure with demand sluggish. Producers are likely to cut prices further in order to clear excess stocks.


Full version of the report is available at: https://spoutinfo.com/market-forecast-detail/29/32/327/3328       



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