Subdued demand softens China methionine prices

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Publish time: 7th January, 2016      Source: www.cnchemicals.com
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January 7, 2016
   

Subdued demand softens China methionine prices
   
   

Prices of methionine moved lower during the week ending January 5.
   

Methionine availability remained tight, prompting producers to stand firm. Nonetheless, demand softened as feed millers were reluctant to stockpile high inventories while the broiler market remained soft. Consequently, prices softened amid light trade.
   

Price quotes of imported dl-methionine were softer in the range of RMB31.50-32.50/kg.
   

RMB1=US$0.1517 (Jan 7)
   
   
   
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