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Methionine prices in the U.S. have risen on tight supply, high natural gas and feedstock costs, and rail strikes that delayed loading and unloading. Producers are struggling to meet demand as energy prices climb and Russian gas cuts affect the petrochemical sector.
Higher methionine costs raise the price of a key poultry and swine feed amino acid and can increase formulation costs for feed buyers.
chemanalyst.comBob DufflerSep 27, 2022Not enough comparable past events yet for a historical read.
After 54 past bullish logistics events, NATGAS moved a median -1.8% over 5 sessions (43% higher; middle half -5.7% to +6.2%), and +5.1% over 20.
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.
