Procurement Resource provides latest prices of MSG (Monosodium Glutamate). Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
Procurement Resource provides prices of MSG for several regions around the globe, which are as follows:
MSG (Monosodium Glutamate) is basically known as the sodium salt of glutamic acid. This compound is a white, odourless, crystalline powder, which is available as the monohydrate. It is one of the most abundant non-essential amino acids found in nature. Further, glutamic acid is also found to be naturally available in tomatoes, cheese, mushrooms, and other foods. MSG is utilised as a flavour enhancer to intensify the meaty, savoury flavour of the food items.
Chemical Formula of MSG:
The natural products such as sugarcane and tapioca are utilised in the production of MSG through bacterial fermentation. Such products, upon bacterial fermentation form glutamic acid, which is followed by sodium neutralisation, converting the acid into MSG solution. The obtained solution is further purified to finally obtain the desired product.
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The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
Procurement Resource also provides the detailed production cost analysis of MSG See more