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Evonik announced that its Singapore DL-methionine complex, the world's largest, has produced its one millionth ton of MetAMINO since starting up in 2014. The company said it aims for two million tons as its next milestone.
The post is a corporate production milestone with no new supply change.
The milestone confirms steady output from a major methionine producer, which has little direct effect on price, though it reinforces that large Asian supply remains in place.
linkedin.comJun 22, 2021Not 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.
