August 6, 2003



Methionine Market Prices in China Steady At Midweek (Aug 6, 2003)


An eFeedLink Exclusive Report


Midweek market prices for both powder and liquid methionine in China were somewhat similar to last week's prices.


Offers for powder methionine are currently at around RMB 24.3-24.5 /kg. Delivered to feed mill prices were mostly transacted at around RMB 23.8-24.2 /kg.


Transactions for liquid methionine were ranging from RMB 20.2-20.5 /kg.


Although there has been no significant increase in demand, the sentiments of the market were somewhat steadied. Market participants do not expect any big change in market prices for the near term.