September 29, 2020
China Methionine: Market under pressure on excess availability (week ended Sep 28, 2020)
Market analysis
Abundant availability, coupled with weakened poultry feed demand, dragged down the prices of methionine.
Methionine hydroxy analogue prices dipped to the range of RMB12.60-15.50/kg.
Methionine market is expected to stay weak with demand sluggish and supplies plentiful.
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