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    Home > Food News > Food Articles > MSG prices rebounded from a "V" shape this year

    MSG prices rebounded from a "V" shape this year

    • Last Update: 2022-08-31
    • Source: Internet
    • Author: User
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    Recently, there have been frequent news of price adjustments by condiment companies, and the price of monosodium glutamate has also quietly risen


    Breaking through the 10,000 yuan per ton mark, the price increase of terminal products is not obvious

    On November 28, the relevant person in charge of Shengjia Supermarket told reporters that the main MSG products currently on sale in supermarkets are Guangzhou local brand Shuangqiao MSG, and they have not received a price increase notice yet


    The reporter visited the online and offline markets and learned that among the current 100g monosodium glutamate products, the local Shuangqiao monosodium glutamate is priced at 3 yuan, the lotus monosodium glutamate is priced at 3.


    In front of the condiment counter of a supermarket, Mr.


    Industry analysts believe that in the third and fourth quarters of this year, the monosodium glutamate industry was stimulated by increased costs and insufficient supply.


    The reporter noticed that since the beginning of this year, the price of monosodium glutamate has shown a "V"-shaped trend, falling sharply in the first half of the year and rising sharply in the second half of the year


    The analysis pointed out that in the past "Golden Nine and Silver Ten", the conventional "just demand" in the downstream of the industry appeared that the monosodium glutamate market continued to rebound at a high frequency


    A number of companies have reported price increases, and the performance of leading companies has been differentiated

    The reporter noticed that with the price increase of condiments such as soy sauce and vinegar, many MSG companies have also disclosed price increase information recently


    Subsequently, Meihua Biology stated on the investor interaction platform on November 8 that the opening prices of various products in November have risen sharply, and the average price of monosodium glutamate has increased by about 20% compared with the third quarter, which is expected to have a positive impact on the fourth quarter performance.


    The reporter learned that, in fact, many monosodium glutamate enterprises began to adjust prices one after another in the first half of this year, although there were still differences in performance


    The third quarterly report of another monosodium glutamate giant Lotus Health showed that in the third quarter of this year, the net profit attributable to the mother fell by 61.


      The agency predicts that in the past five years, the highest point of the monosodium glutamate industry is expected to appear in November 2021.


     

     

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