# Aquafeed.com |
   

   
    Evonik announces price increase on methionine in Latin America

> 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.

- Date: 2022-07-26 · published 2022-07-26T12:00:00.000Z
- Category: market · region Latin America · magnitude low
- Page: https://feedsoft.ai/events/40827-aquafeed-com-evonik-announces-price-increase-on-methionine-in-latin-america
- Commodities: [Methionine](https://feedsoft.ai/c/METH.md)

## Why it matters

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.

## Read by commodity

- METH: bullish ▲

## Sources

- aquafeed.com: https://www.aquafeed.com/products/suppliers-news/evonik-announces-price-increase-on-methionine-in-latin-america/

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