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The Asia-Pacific market of Monosodium Glutamate (MSG) has observed a subdued tone in November ****. The Chinese export market of MSG has posted a marginal increase despite the operational disruptions from the temporary shutdown at Shandong Shenghua MSG Co., Ltd. in October ****. The shutdown usually support a stronger upward price momentum but the prevailing weak demand have limited any significant upward swing. In contrast, the domestic market of MSG in India observed a significant price decline as downstream sectors have limited their fresh purchases. The inventory levels that were accumulated during October have provided ample cover for the final quarter of **** which prompted the buyers to step back and rely on existing stocks. The reduced urgency have encouraged the suppliers to issue discounts to keep sales flowing. The rise in prices of feedstock Glutamic Acid in both regions have prevented a sharper downturn and offered slight...
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