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Expana reports that Hengyu Bio, a Huaheng Bio subsidiary, is validating a 3,000 tonne-per-year biological L-methionine line. Global methionine capacity is about 2.3 million tonnes per year on a DL basis.
A new fermentation-based L-methionine source adds small incremental supply to a large methionine market, so the price impact is modest.
expanamarkets.comNick WoodAug 8, 2024Not 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.
