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Methionine prices rose across global markets in January 2024. Demand from animal feed, food and pharmaceutical uses, along with higher ammonia and methanol costs, drove the increase.
Shipping constraints at the Panama and Suez canals added to costs.
Higher methionine prices raise the cost of amino-acid supplementation in poultry and swine rations, supporting feed input costs.
chemanalyst.comTimothy GreeneFeb 2, 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.
