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ITOCHU announced a comprehensive partnership to sell all methionine produced by Sumitomo Chemical at its Ehime Works from April 2025. The release describes the existing 2017 sales partnership and the cost position of Sumitomo's integrated plant.
It notes methionine market growth of about 4% annually.
Exclusive marketing of a major Japanese methionine plant's output concentrates sales through one channel. This has little immediate price impact but affects who supplies methionine to feed buyers.
itochu.co.jpFeb 27, 2025Not 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.
