# News - Methionine market hovering in the low range

> Methionine prices have bottomed in the RMB 16.5-18/kg range as new Chinese capacity comes online and supply stays abundant. European quotations fell to 1.75-1.82 euros/kg, and China's methionine imports fell about 2% year-on-year in January-July 2020.

- Date: 2020-10-26 · published 2020-10-26T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/50571-news-methionine-market-hovering-in-the-low-range
- Commodities: [Methionine](https://feedsoft.ai/c/METH.md)

## Why it matters

Abundant supply and weak import demand keep methionine prices low, which lowers feed formulation costs for poultry and swine buyers.

## Read by commodity

- METH: bearish ▼

## Sources

- honrayco.com: https://www.honrayco.com/news/the-covid-19-epidemic-has-been-effectively-brought-under-control-in-china/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.