Methionine prices experienced an upward trajectory on a global scale throughout January xxxx. The surge in demand for Methionine across diverse applications, including animal feed, food additives, and pharmaceuticals, has been a key driver behind this price escalation. Additionally, the rise in costs of crucial raw materials like ammonia and methanol during January contributed to an increase in the overall production expenses, further supporting the upward trend in Methionine prices.
In January xxxx, China&#xx;s manufacturing sector demonstrated signs of recovery, as indicated by a rise in the Purchasing Managers&#xx; Index (PMI) to xx.x, surpassing the previous month&#xx;s figure of xx, as per the data released by the National Bureau of Statistics (NBS). The improvement in January can be attributed to an acceleration in production rates and an increase in new orders. The impending Lunar New Year in February prompted earlier factory closures, leading to heightened demand for...
