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European methionine prices are expected to rise in March after a 3.66% increase from late 2023 to early 2024. The outlook cites a China PMI of 49.1 and a 3-4 week maintenance shutdown at the Xinhecheng methionine plant in March.
A planned Chinese plant shutdown cuts export availability to Europe and other markets, supporting methionine prices and tightening supply for feed buyers.
chemanalyst.comPatrick KnightMar 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.
