August 15, 2017
Methionine buyers and sellers tread prudently in China
Prices of methionine remained stable during the week ending August 15.
Sales of methionine was stable while the demand for poultry feed improved. Feed millers were more willing to increase methionine stocks, albeit at a cautious rate. Methionine producers stood firm with profit margins limited at current record low price levels.
Price quotes of imported dl-methionine remained in the range of RMB21.50-22.50/kg.
RMB1=US$0.1498 (Aug 15)
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