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Evonik announced a net price increase of USD 0.35 per kilogram on its MetAMINO feed-grade DL-methionine for all Latin American customers, effective immediately. Existing contracts and supply agreements will be honored.
The move follows a RMB 2 per kilogram increase in China.
Higher methionine prices raise feed formulation costs for Latin American poultry and aquaculture producers, and the China increase suggests tighter global supply for this amino acid.
aquafeed.comAquafeed Media SLUJul 26, 2022Not 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.
