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Sumitomo Chemical plans to close one of its methionine plants, according to a C&EN report. The brief item gives no capacity figures or timing.
Closing capacity would tighten global methionine supply over time.
Reduced methionine capacity from a major producer could support prices over the medium term, though the lack of detail limits near-term impact.
esciencenews.comNov 30, 2019Not 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.
