# Evonik announces to increase its price of MetAMINO®  (DL-methionine 99%) - Evonik Industries

> Evonik will raise the net price of MetAMINO (DL-methionine 99% feed grade) worldwide by 7% with immediate effect. All existing contracts and supply agreements will be honored.

- Date: 2019-04-15 · published 2019-04-15T12:00:00.000Z
- Category: market · region Global · magnitude medium
- Page: https://feedsoft.ai/events/59500-evonik-announces-to-increase-its-price-of-metamino-dl-methionine-99-evonik
- Commodities: [Methionine](https://feedsoft.ai/c/METH.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

A 7% increase by a major methionine producer tightens feed-additive supply and lifts costs for poultry and swine feed formulators, supporting methionine prices.

## Read by commodity

- SBM: neutral
- METH: bullish ▲

## Sources

- publications.evonik.com: https://publications.evonik.com/en/media/press-releases/nutrition-and-care/evonik-announces-to-increase-its-price-of-metamino-dl-methionine-99-106223.html
- thepoultrysite.com: https://www.thepoultrysite.com/news/2019/04/evonik-to-support-chinese-anti-dumping-investigations-for-methionine

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