The demand for DL-Methionine increased as a result of its increased demand in aquafeed, as well as an increase in global demand for fish meat. However, poultry is the main consumer of DL-Methionine because it avoids feathering problems caused by a shortage of vital nutrients in birds. Animal feed was positioned to increase global use of DL-Methionine throughout the year 2021, as animals are unable to manufacture methionine on their own.The price of ammonia, a key feedstock, in the North American region climbed dramatically in the fourth quarter of 2021, owing to a considerable increase in the commodity's value as a result of a global nitrogen fertiliser shortage. In December, the assessed value of ammonia FOB New Orleans (USA) pricing reached an all-time high of 1177 USD/MT. Ammonia supplies were sluggish in the quarter as a result of the reduced availability of hydrogen and nitrogen in the aftermath of Hurricane Ida.
Procurement Resource provides latest prices of DL Methionine. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
Procurement Resource provides prices of DL Methionine for several regions around the globe, which are as follows:
About DL Methionine:
DL-Methionine is basically known as one of the 9 essential amino acids in humans (provided by food). It is derived from a butyric acid. DL-Methionine is needed for growth and tissue repair. It is involved in several detoxifying processes. Sulphur provided by methionine protects cells from pollutants, slows cell aging, and is essential for absorption and bioavailability of selenium and zinc.
Chemical Formula of DL Methionine:
This process includes the carbonation from 3-methylthiopropionaldehyde (MMP) and hydrogen cyanide (HCN), without forming co-products. This results in the formation of DL Methionine.
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The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).