December 6, 2017
Methionine prices stable in China despite improved demand
Prices of methionine were stable to higher during the week ending November 27.
Increased feed intake of layers boosted the production of feed. Buying interest for methionine improved as feed producers restocked depleting inventories.
For liquid methionine, price quotes stayed at RMB18-18.50/kg.
As poultry feed producers expand stockpiles of methionine, prices are likely to move higher.
RMB1=US$0.1514 (Nov 28)
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