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Methionine prices soften in China despite renminbi depreciation, Tianjin port explosion

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Publish time: 18th August, 2015      Source: www.cnchemicals.com
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August 18, 2015
   

Methionine prices soften in China despite renminbi depreciation, Tianjin port explosion
   
   
   
Prices of methionine weakened further during the week ending August 17.
   

Methionine distributors attempted to lift prices after renminbi depreciated last week but in vain as demand remained weak.
   

For liquid methionine, price quotes stayed unchanged at RM28-29/kg.
   

Supplies of methionine are expected to stay ample, putting a lid on the prices.
   

RMB1=US$0.1563 (Aug 18)
   
   
   
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