July 17, 2017
Methionine market lacks momentum in China
Prices of methionine were stable to higher during the week ending July 11.
One major producer halted price releases, prompting several buyers to increase stockpiles. Nonetheless, with demand for poultry feed staying slow, particularly in the south where farming was disrupted by heavy rains, price hikes were limited.
Price quotes of imported dl-methionine remained in the range of RMB19.80-20.50/kg.
RMB1=US$0.1478 (Jul 11)
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