# Evonik raises price for GuanAMINO by 15% | Feed Strategy

> Evonik said it will raise the net global price of its GuanAMINO guanidinoacetic acid product by 15%, effective immediately from October 11. The company gave no reason for the increase, though it follows earlier force majeure declarations on its threonine product and pandemic-related feed additive price pressure.

- Date: 2021-10-13 · published 2021-10-13T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/44896-evonik-raises-price-for-guanamino-by-15-feed-strategy
- Commodities: [Methionine](https://feedsoft.ai/c/METH.md), [Lysine](https://feedsoft.ai/c/LYSINE.md)

## Why it matters

A 15% increase in a specialty feed additive adds modest cost to formulations for energy metabolism in livestock, with limited effect on major commodity prices.

## Sources

- feedstrategy.com: https://www.feedstrategy.com/animal-feed-additives-ingredients/feed-additives/article/15442502/evonik-raises-price-for-guanamino-by-15

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