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Evonik, which operates two methionine plants in Singapore, said it fully supports China's anti-dumping probe and is confident in the outcome. China's Ministry of Commerce opened the investigation at domestic producers' request, running to April 10, 2020.
The probe targets Asian methionine exports, so its outcome could reshape methionine trade flows and pricing into China. Evonik's stated confidence suggests the company expects limited disruption to its supply.
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.