Monosodium Glutamate (MSG) Prices, Trends & Forecasts | Provided by Procurement Resource

In Q1 2023, monosodium glutamate prices in Asia were buoyed by robust pharmaceutical sector growth and increased domestic and international demand due to China’s market resurgence after COVID-19 stagnation. However, by mid-Q2, downward pressure arose from declining feedstock support, reduced demand, and regional economic uncertainties. Request for Real-Time Monosodium Glutamate (MSG) Prices: https://www.procurementresource.com/resource-center/msg-price-trends/pricerequest Europe experienced Q1 and early Q2 price inclines due to heightened downstream procurement and positive trading activities, propelled by domestic demand and raw material costs. Yet, large-scale production, waning demand, and economic challenges led to Q2’s end…