Methionine Prices Trend and Forecast

In the third quarter of 2022, demand from North American consumers for Methionine Prices continued to drop, with CFR New York prices for food and feed grade settling at $5530/mt and $4057/mt in September. Because of China's zero-covid policy, imports of amino acids, including Methionine, to the US were severely restricted. The heat wave and power shortage forced the shutdown of numerous Chinese production facilities in the second half of Q3, and other companies that make various Amino Acids also went into maintenance, which had a detrimental impact on US trade. Many businesses and industries attributed the nation's declining demand to a variety of issues, such as inflation, supply shortages, and excessive interest rates.

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