# Global Methionine Prices Surge in January 2024 Amid Supply Chain Disruptions

> 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.

- Date: 2024-02-02 · published 2024-02-02T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/32015-global-methionine-prices-surge-in-january-2024-amid-supply-chain-disruptions
- Commodities: [Methionine](https://feedsoft.ai/c/METH.md)

## Why it matters

Higher methionine prices raise the cost of amino-acid supplementation in poultry and swine rations, supporting feed input costs.

## Read by commodity

- METH: bullish ▲

## Sources

- chemanalyst.com: https://www.chemanalyst.com/NewsAndDeals/NewsDetails/global-methionine-prices-surge-in-january-2024-amid-supply-chain-disruptions-24957

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.