HomeProduct Complimentary download China methionine prices consolidate lower

China methionine prices consolidate lower

Keyword:
Publish time: 15th April, 2014      Source: www.cnchemicals.com
Information collection and data processing:  CCM     For more information, please contact us
   
   
April 15, 2014
   
   
China methionine prices consolidate lower
   
   

Prices of methionine were stable to lower during the week ending April 14.
   

Methionine sales improved while animal feed consumption expanded, but cautious feed millers limited procurements with the outlook of China uncertain. Hence, traders in some regions lowered prices in efforts to stimulate buying interest.
   

Price quotes of imported dl-methionine were in the range of RMB26.50-27/kg.
   

Even though demand will increase in the coming period, prices of methionine are unlikely to firm up as feed millers maintain low stocks to be on the safe side.
   

RMB1=US$0.1606 (Apr 15)
   
   
   
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.