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Bluestar Adisseo launched methionine in powder form, aimed at growing Chinese demand for animal protein. The company, the world's second-largest methionine producer with a 27% share, said China is its largest market.
A new product launch does not change methionine supply or price meaningfully on its own, though it reflects continued demand growth for amino acids in Chinese feed.
chinadaily.com.cnWu Yiyao in ShanghaiJan 19, 2017chinadaily.com.cnWu Yiyao in ShanghaiJan 19, 2017Not 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.
