September 27, 2016
China methionine market stays weak; greater supply pressure ahead
Prices of methionine were stable to lower during the week ending September 26.
Methionine distributors and producers were less willing to lower price quotes, which have dropped 3% to 6% during Q3. However, they were still open to price negotiation of a case-by-case basis.
For liquid methionine, price quotes were unchanged at RMB22.50-23.50/kg.
Methionine prices are expected to slide further.
RMB1=US$0.1499 (Sep 27)
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