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Evonik is raising its global net price for MetAMINO, its DL-methionine 99% feed grade, by up to 5-8% with immediate effect. All existing contracts and supply agreements will be honored.
A supplier-wide price increase on a key feed amino acid lifts the cost floor for feed formulators and supports methionine prices globally. Buyers should expect higher quotes on new contracts.
Not 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.