August 9, 2016
Methionine sellers in China stand firm despite slack demand
Prices of methionine were stable to lower during the week ending August 8.
Ample availability continued to weigh on the prices of methionine in conjunction with lacklustre livestock feed demand. However, most distributors and traders were reluctant to lower prices as profitability is limited at current price levels.
For liquid methionine, price quotes dipped to RMB24-24.50/kg.
RMB1=US$0.1501 (Aug 9)
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