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Evonik announced a net price increase of up to 8% on its MetAMINO DL-Methionine 99% feed-grade product globally, effective immediately. The company said all existing contracts and supply agreements will be honored.
A producer-driven price hike in a key synthetic amino acid tightens feed additive costs for compounders and supports higher prices for methionine-based feed formulations.
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.