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Market experts forecast methionine prices will stay at the higher end through Q1 2023, supported by rising consumption and inquiries in Germany, the US and China. Upstream ammonia costs and higher freight are cited as supporting factors.
Methionine is a key synthetic amino acid in poultry and swine rations, so firmer prices raise feed formulation costs for buyers and can push up premix pricing.
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.