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Ample supply, flat demand drags down China methionine prices
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Ample supply, flat demand drags down China methionine prices
Keyword:
Publish time:
8
th
December, 2015
Source:
www.cnchemicals.com
Information collection and data processing: CCM For more information, please
contact us
December 8, 2015
Ample supply, flat demand drags down China
methionine
prices
Prices of methionine moved lower during the week ending December 7.
Demand for methionine was slow as
poultry
market stayed weak. Feed millers were not eager to make purchases, especially with supplies plentiful.
Price quotes of imported dl-methionine dipped to the range of RMB31-32/kg.
With imports ample and local production of methionine on the rise, prices will be under pressure.
RMB1=US$0.1558 (Dec 8)
The full market report (with complete data) of this excerpt is available
here
.
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