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Methionine prices rose steadily through September 2023 on consistent demand for feed and other applications. Higher costs for ammonium sulfate and sulfuric acid, along with a rebound in China's manufacturing PMI into expansion territory, supported the increase.
Methionine is a key feed amino acid, so firmer prices raise the cost of formulating poultry and swine rations. Buyers should expect upward pressure on amino acid-based feed costs.
chemanalyst.comEmilia JacksonOct 12, 2023Not enough comparable past events yet for a historical read.
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.
