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Evonik raised the China price of its MetAMINO 99% feed-grade DL-methionine by 1.5 yuan per kg, effective immediately. Existing signed contracts and supply agreements will be honored on their original terms.
A price increase in a key synthetic amino acid used in poultry and swine feed raises least-cost formulation costs for Chinese feed makers and can support methionine prices more broadly.
echemi.comJul 29, 2020Not 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.
