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CJ CheilJedang's bio division is projected to post Q2 operating profit of 66-69 billion won, more than tenfold higher than Q1. The recovery was driven by methionine prices surging on reduced supply.
Methionine price surges due to supply cuts tighten the market for poultry feed buyers and support higher amino acid prices.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.