June 16, 2015
Prices of methionine were lower during the week ending June 15.
Methionine sellers continued to cut prices as demand showed no improvement while broiler and egg prices stayed weak.
Price quotes of imported dl-methionine slid to the range of RMB42-43/kg, down by RMB1-3/kg.
Weak feed demand will curtail the sales of methionine, especially after the Dragon Boat Festival. Together with global supplies on the rise, this will drag down methionine prices in China.
RMB1=US$0.1610 (Jun 16)
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