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Evonik's Singapore DL-methionine plant has completed the first phase of its upgrade and is running at full capacity after a three-month shutdown in Q4 2023. A second plant shutdown is scheduled for Q2 2024.
The planned Q2 shutdown tightens methionine supply during the coming months, which supports prices for feed buyers.
Not 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.