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China's Ministry of Commerce has launched an anti-dumping investigation into methionine imports from Singapore, Malaysia and Japan, covering 2018 sales. The probe is expected to conclude by April 2020, and Evonik says it will cooperate fully.
Anti-dumping duties on methionine imports could cut Chinese access to lower-priced supply and support global methionine prices. This follows Evonik's price increase and adds upward pressure on feed amino acid costs.
Not 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.