Future forecast of Monosodium Glutamate Market

The operation of upstream monosodium glutamate enterprises is different, and the basic purpose is an upward trend, which is mainly due to the reduction of supply caused by high cost and low start-up of the industry.

In terms of cost, at present, the prices of power coal, soda ash, sulfuric acid and other raw materials have increased greatly. 

Although the price of corn has declined due to the listing of new grain, on the whole, the cost of monosodium glutamate has not decreased but increased.

In September, the downstream demand will gradually turn to  normal peak season, and the downstream mentality will gradually turn to positive, and the process is expected to be matched again.

Based on the current industrial processes and production costs, it is expected that the price of monosodium glutamate will continue to operate at a high level.