October 3, 2017
China methionine sellers cut prices to move sales
Prices of methionine moved lower during the week ending September 29.
Distributors and traders who were eager to clear inventories cut prices considerably to entice buyers.
Price quotes of imported dl-methionine fell to the range of RMB23-24/kg.
Methionine prices are likely to weaken further amid ample supplies and slow poultry feed demand.
RMB1=US$0.1505 (Oct 3)
All rights reserved. No part of the report may be reproduced without permission from eFeedLink.
