November 3, 2020
China Methionine: Supply ample, prices stable (week ended Nov 2, 2020)
Demand for methionine improved as feed producers restocked depleting inventories. Hence, even as the production capacity of the methionine industry remained high, prices were stable to higher during the period in review.
Transacted price of locally-produced dl-methionine in China were in the range of RMB13.80-16.40/kg. Imported products were mainly around RMB16.60/kg.
Price quotes of methionine in Europe were in the range of EUR1.75-1.85/kg. More buyers were making price enquiries of late.
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