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The US Commerce Department assigned preliminary duty margins to methionine imports from France, Spain and Japan, ranging from 31.98% to 135%. The final determination for Spain and Japan was postponed by 135 days after the March 4 publication.
Duty margins of this size make imports from these producers significantly more expensive in the US, supporting methionine price levels for US feed buyers.
mlex.comMar 3, 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.
