Date :23 October 2020

The outbreak of COVID-19 has reduced methionine prices in Europe

Methionine supply prices in Europe experienced a downward trend in September.

Experts believe that this downward trend in the price of this product can be attributed to the decrease in demand for restaurants and tourist places for chicken meat in recent months.

However, it should not be forgotten that at present, and given the conditions of different countries, chicken meat is still the cheapest available animal protein. Therefore, market analysts believe that this downward trend will not continue.

Although the market trend of this product is expected to be determined during the remaining months of 2020, according to the policies of the producers and the prevailing conditions in the poultry industry market, analysts believe that due to the high production of methionine And as global demand declines, the price of this product will come under downward pressure during the remaining months of 2020.

Now we have to wait and see what the price of this product will experience under the conditions described above.

 

Read more:

The need to change the plans of European poultry industry activists to deal with the effects of Covid-19 disease

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