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Worsened supply crunch fuels China methionine rally

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Publish time: 20th May, 2014      Source: www.cnchemicals.com
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May 20, 2014
   

Worsened supply crunch fuels China methionine rally
   
   

Prices of methionine surged further during the week ending May 19.
   

The supply crunch of methionine worsened over the week, driving prices up tremendously together with strengthening demand from the poultry sector.
   

Price quotes of imported dl-methionine jumped to the range of RMB31-32/kg.
   

Prices are expected to rise further amid limited availability.
   
RMB1=US$0.1602 (May 6)
   
   
   
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