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Adisseo will start a protein factory in Chongqing producing 20,000 metric tons annually for fish feed and build a specialty plant in Nanjing this year. The Nanjing base already makes 350,000 tons of liquid methionine a year, with about half exported.
Expanded Chinese methionine output and exports add supply to global markets, a mild bearish factor for methionine, while the fishmeal-replacement protein could modestly reduce fishmeal demand.
chinadaily.com.cnZHONG NANApr 6, 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.
