# Methionine Prices Rise Sharply in Germany Amidst Strong Downstream Demand

> Methionine prices rose sharply in Germany due to restricted supply and stronger demand from end-user industries. Slower methionine imports from China, along with Evonik's price increase for feed-grade DL-Methionine in Asia Pacific after maintenance and safety shutdowns, tightened inventories. A weaker euro against the dollar also made imports more expensive.

- Date: 2023-09-07 · published 2023-09-07T12:00:00.000Z
- Category: market · region Germany · magnitude low
- Page: https://feedsoft.ai/events/34455-methionine-prices-rise-sharply-in-germany-amidst-strong-downstream-demand
- Commodities: [Methionine](https://feedsoft.ai/c/METH.md)

## Why it matters

Tighter European methionine supply and higher import costs support feed-grade amino acid prices, raising costs for compound feed formulators that use synthetic methionine.

## Read by commodity

- METH: bullish ▲

## Sources

- chemanalyst.com: https://www.chemanalyst.com/NewsAndDeals/NewsDetails/methionine-prices-rise-sharply-in-germany-amidst-strong-downstream-demand-19519

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.