December 15, 2015
Methionine producers lift price quotes in China; buyers remain prudent
Prices of methionine stable to higher during the week ending December 14.
As one producer continued to halt operation due to technical issues, supplies of methionine tightened of late. Two other producers took the opportunity to lift price quotes, hence helping to stabilise methionine prices over the week.
Price quotes for locally produced methionine remained at RMB29.80/kg.
RMB1=US$0.1547 (Dec 15)
All rights reserved. No part of the report may be reproduced without permission from eFeedLink.