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A LinkedIn post by a KEMIEX economist says China's November 2023 exports of methionine reached an all-time high, above January 2022 levels. Year-to-date exports also set new records.
The post includes a chart of China's rising role in this feed additive.
Record Chinese methionine exports add supply to world markets and put downward pressure on prices for importers such as Brazil, Europe and Southeast Asia. Sustained high volumes could weigh on methionine prices.
linkedin.comStefan SchmidingerDec 21, 2023Not 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.
