November 27, 2018

China methionine prices slide slowly but surely

Prices of methionine softened during the week ending November 26.

Trade was light in methionine market as buyers were reluctant to increase stockpiles in view of sufficient availability. Even though producers attempted to hold prices firm, traders lowered asking prices in attempts to move sales.

Price quotes of imported dl-methionine weakened to the range of RMB22.50-24/kg, sliding RMB0-0.50/kg.

RMB1=US$0.1441 (Nov 27)


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