The global Monosodium Glutamate market has displayed a clear sign of recovery in the first half of May xxxx. The prices have witnessed a modest to notable increase across key regions of the globe. This positive trend has marked a turnaround from the downtrend that was recorded in April and highlighted the resilience of the Monosodium Glutamate market in response to seasonal and cost-driven factors. The Monosodium Glutamate market has seen a renewed buying interest and firmer price fundamentals as downstream sectors such as pharmaceuticals, nutraceuticals and food & beverage industries have stepped up their procurement activities ahead of peak summer demand.
The suppliers have implemented a strategic pricing adjustment and carefully aligned the rates with increased raw material costs, particularly of Glutamic Acid, the primary feedstock for Monosodium Glutamate production. The Glutamic Acid market in China, a key global producer...
