Tough competition weakens China methionine prices

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Publish time: 23rd March, 2016      Source: www.cnchemicals.com
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March 23, 2016

   


Tough competition weakens China methionine prices

   

   


Prices of methionine dipped further during the week ending March 21.

   


One major methionine producer slashed prices to below RMB29/kg, prompting others to follow suit. However, sales remained slow as plunging broiler prices and a weak egg market dampened the confidence of poultry feed producers, who withheld purchases of methionine.

   


Price quotes of imported dl-methionine dropped to the range of RMB29.50-31/kg.

   


RMB1=US$0.1541 (Mar 23)

   

   


The full market report (with complete data) of this excerpt is available here.

   


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