July 30, 2014
Methionine sellers continue to cut prices in China
Prices of methionine moved lower during the week ending July 28.
Methionine imports increased lately, weighing down prices in conjunction with slack demand.
Price quotes of imported dl-methionine softened to the range of RMB35-38/kg.
Methionine prices should stabilise gradually in the coming weeks as feed producers accumulate stockpiles in preparation for pre-festive market between mid-August and late September.
RMB1=US$0.1616 (Jul 29)
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