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Barclays upgraded Evonik to Overweight from Equal Weight and raised its price target to €17 from €16. The bank cited tighter methionine supply in Asia after Middle East conflict disruptions, including a force majeure at a Singapore methionine plant.
Tighter Asian methionine supply and logistics through Hormuz should support firmer feed-grade methionine prices, as non-Asian producers gain share. Buyers should expect higher methionine costs in coming months.
uk.investing.comMar 19, 2026Not 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.
