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Novus International said its Chocolate Bayou, Texas methionine plant has restarted production after winter storms Uri and Viola halted operations in mid-February. The plant began production lines the week of March 8, but full capacity and global inventory rebuilding will take more time.
Restarting a major US methionine plant eases the domestic supply squeeze, though slower inventory rebuilding means prices may ease only gradually.
meap.netMyriam SalehMar 17, 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.
