# Evonik to increase MetAMINO pricing

> Evonik announced on April 17 that it will raise the worldwide net price of MetAMINO (DL-methionine 99% feed grade) by 7%, effective immediately. All existing contracts and supply agreements will be honored.

- Date: 2019-04-17 · published 2019-04-17T12:00:00.000Z
- Category: market · region Global · magnitude medium
- Page: https://feedsoft.ai/events/59899-evonik-to-increase-metamino-pricing
- Commodities: [Methionine](https://feedsoft.ai/c/METH.md)

## Why it matters

A 7% methionine price increase raises feed formulation costs for poultry and swine rations, since methionine is a key limiting amino acid. Buyers should expect higher costs for complete feed and possibly firmer synthetic amino acid pricing.

## Read by commodity

- METH: bullish ▲

## Sources

- feedstuffs.com: https://www.feedstuffs.com/agribusiness-news/evonik-to-increase-metamino-pricing

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