October 25, 2017

 
Weak trend prevails in China methionine market

Prices of methionine continued to fall during the week ending October 23.

Traders and producers were inclined to give discounts as sales were sluggish. Feed producers, who were reluctant to produce in excess while the poultry market stayed weak, limited methionine buying.

Price quotes of imported dl-methionine dropped to the range of RMB22.50-23/kg, sliding by RMB0.50-1/kg.

RMB1=US$0.1507 (Oct 24)

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