NHU reported a Q3 methionine export average of $3,625 per tonne, up 46% year on year and 19% quarter on quarter. The report attributes stronger export prices to reduced imports following a Malaysian plant shutdown, alongside steady overseas demand; domestic prices were firm in early November and orders were being shipped.
The plant shutdown has tightened supply while steady demand supports methionine prices, reducing the likelihood of a sharp near-term pullback. Firmer prices support feed buyers’ costs and the producer’s fourth-quarter earnings.
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.