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Open Source Securities reports methionine prices have rebounded from historic lows, with domestic factories holding firm on quotes near 18.50 yuan/kg since January ahead of Spring Festival restocking. Feed-grade VE export quotes were raised 8-15% in early February as leading vitamin E producers hold firm on prices.
Cost support, plant maintenance and restocking are lifting methionine and vitamin E prices from lows, raising feed additive costs for Chinese and export buyers in the near term.
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.