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Novus International filed antidumping petitions on July 29, 2020 covering methionine from France, Japan and Spain. The filing describes the scope of the product, which includes methionine precursors such as HMTBa, and outlines the US antidumping process.
Duties on these imports would raise costs for US purchasers and could reduce supply if imports are restricted. The case is a meaningful bullish factor for methionine pricing in the US feed market.
faegredrinker.comAuthors: Richard P. FerrinJul 29, 2020Not 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.
