December 19, 2018
Slow usages, ample supply soften China methionine prices
Prices of methionine dipped further during the week ending December 10.
Feed producers were reluctant to place orders for amino acids with inventories ample. Additionally, supplies of methionine were plentiful due to high output, hence exerting further pressure on the market.
Price quotes of imported dl-methionine dipped to the range of RMB20.50-21.50/kg, sliding RMB0.30-1/kg.
RMB1=US$0.1450 (Dec 19)
The full market report (with complete data) of this excerpt is available here.
All rights reserved. No part of the report may be reproduced without permission from eFeedLink.