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Evonik announced a net price increase of 8-10% per kilogram on Biolys (L-lysine 62.4%, feed grade) for all customers with immediate effect. All existing contracts and supply agreements will be honored.
A sharp lysine price hike from a major producer tightens feed amino acid costs for compound feed buyers and supports lysine pricing across the market.
evonik.comAnastasia Noryk, Nina PeckJul 27, 2023Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
