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Methionine prices are expected to rise in April as demand grows across feed, food and pharmaceutical sectors. NHU plans maintenance at its Shandong Amino Acid plant in Q3 2024, which could cut output by about 50% for 6-7 weeks per production line.
Iran-Israel tensions are also adding logistics and shipping risk.
A planned supply cut from a major Chinese producer tightens methionine availability, which pushes feed additive prices higher and raises feed costs for livestock producers.
chemanalyst.comRobert HumeApr 23, 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.
