September 16, 2015
Pre-festive buying holds China methionine prices stable
Prices of methionine stayed flat during the week ending September 14.
Feed millers increased stockpiles in preparation for the long holidays in October, helping to stabilise prices of methionine.
Price quotes of imported dl-methionine were unchanged in the range of RMB35-35.50/kg.
Methionine prices should remain stable in the near term with the support of pre-festive buying. Nonetheless, in the longer term, methionine market will be under pressure.
RMB1=US$0.1569 (Sep 16)
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