June 23, 2020
 
China Methionine: Slack poultry feed demand decimates sales (week ended Jun 22, 2020)
 
An eFeedLink Exclusive
 
 
Market analysis
 
Feed producers were reluctant to make purchases while the outlook of poultry markets, particularly that of the egg market, was bleak. With supplies abundant, a handful of seller negotiated prices in efforts to close deals.
 
Transacted price of locally-produced dl-methionine in China slid to the range of RMB18.40-21.50/kg.
 
Methionine market is poised to remain weak with the domestic sales of poultry feed limited and the global market weakening.
  
Full version of the report is available at https://spoutinfo.com/market-forecast-detail/29/32/327/1919
 


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