Deceber 4, 2023
China Methionine: Significant price rise (week ended Oct 30, 2023)
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Tight availability of methionine pushed up prices significantly during October.
Transacted price of locally produced dl-methionine in China strengthened to the range of RMB18.80-20.70/kg whereas those of imported products strengthened to RMB20.70/kg.
Methionine hydroxy analogue prices rose to the range of RMB14.50-16.10/kg.
Export prices of dl-methionine increased prominently to US$2.60/kg.
With global production of methionine limited, prices are expected to stay firm in the coming period.
Full version of the report is available at: https://spoutinfo.com/market-forecast-detail/29/32/327/5072
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