# Evonik announces price increase for DL-methionine

> Evonik announced on October 7, 2019 that it will raise net prices of MetAMINO feed-grade DL-methionine 99% by up to 9% globally, effective immediately. The company said all existing contracts and supply agreements will be honored.

- Date: 2019-10-07 · published 2019-10-07T12:00:00.000Z
- Category: market · region Global · magnitude medium
- Page: https://feedsoft.ai/events/56492-evonik-announces-price-increase-for-dl-methionine
- Commodities: [Methionine](https://feedsoft.ai/c/METH.md)

## Why it matters

A global price increase of up to 9% from the world's largest methionine producer tightens feed-grade methionine costs for buyers. Other producers may follow, which would support prices across the amino acid complex.

## Read by commodity

- METH: bullish ▲

## Sources

- feedstuffs.com: https://www.feedstuffs.com/market-news/evonik-announces-price-increase-for-dl-methionine
- theaquaculturists.blogspot.com: http://theaquaculturists.blogspot.com/2019/10/evonik-announces-to-increase-its-price.html

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