Loading…
Market commentary expects methionine prices to rise in Western markets at the start of Q3 2024, as prices are already at their annual peak. Persistent Asian supply-chain disruption, expected blank sailings in July and August, and higher peak-season surcharges from several carriers are cited as drivers.
Higher ocean freight for US import corridors is expected to be passed on to buyers.
Tighter methionine supply and higher freight costs point to firmer delivered prices for feed-grade methionine imported into the US and Europe, raising feed formulation costs.
chemanalyst.comEmilia JacksonJul 4, 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.
