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June 23, 2020

 

China Methionine: Slack poultry feed demand decimates sales (week ended Jun 22, 2020)

 

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Market analysis
 

Feed producers were reluctant to make purchases while the outlook of poultry markets, particularly that of the egg market, was bleak. With supplies abundant, a handful of seller negotiated prices in efforts to close deals.

 

Transacted price of locally-produced dl-methionine in China slid to the range of RMB18.40-21.50/kg.

 

Methionine market is poised to remain weak with the domestic sales of poultry feed limited and the global market weakening.

  

Full version of the report is available at https://spoutinfo.com/market-forecast-detail/29/32/327/1919
 


All rights reserved. No part of the report may be reproduced without permission from eFeedLink.

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