Sodium Tripolyphosphate Prices

Sodium Tripolyphosphate Prices September 2024

The sodium tripolyphosphate prices in the United States for Q3 2024 reached 1,030 USD/MT in September. The market experienced significant price changes marked by a downward trend. Various factors contributed to this, including decreased demand in industries like paper and textiles. Ample material availability and lower usage further pushed prices down. Seasonal disruptions during the hurricane season also complicated supply chains, delaying shipments and impacting logistics. The pricing environment concluded the quarter on a challenging note.

The price trend for sodium tripolyphosphate in China for Q3 2024 reached 865 USD/MT in September. Early price increases lacked strong support, and prices fell in the latter half of the quarter. Reduced demand in sectors such as paper and water treatment resulted in the stock buildup, influencing the negative market sentiment. Floods at key manufacturing sites disrupted the supply chain, adding to the pricing challenges that defined the quarter’s outcome.

In Brazil, the sodium tripolyphosphate prices for Q3 2024 reached 540 USD/MT in September. While upstream material costs initially influenced price movements, domestic industrial needs in water treatment and detergents maintained a level of demand. Despite this, challenges persisted due to global supply chain issues and transport disruptions. These factors created a mixed market atmosphere, with prices experiencing both temporary support and eventual declines as the quarter ended.

Sodium Tripolyphosphate Prices June 2024

The sodium tripolyphosphate prices in the United States for Q2 2024 reached 1,135 USD/MT in June. The market showed significant volatility, driven by fluctuating usage and ample material supply. The rise in seasonal demand from water treatment industries significantly impacted pricing trends. Economic conditions and interest rates influenced the market environment, while disruptions in the supply chain and increased import levels exerted additional pressure. Despite obstacles, the quarter ended with an optimistic pricing sentiment, bolstered by strong sector demand and supply conditions.

The price trend for sodium tripolyphosphate in China for Q2 2024 reached 860 USD/MT in June. The market faced substantial downward pressure due to oversupply and sluggish industrial demand. Weakened activity in downstream sectors and operational disruptions from plant shutdowns further intensified the decline. Seasonal employment in textiles and water treatment offered limited relief, unable to counteract broader negative trends. Supply chain constraints and fluctuating upstream costs compounded the bearish outlook, marking a challenging quarter for the domestic market.

Sodium Tripolyphosphate Prices December 2023

The price for sodium tripolyphosphate in the United States for the fourth quarter of the year 2023 reached 1035 USD/MT. The US market experienced the most significant price change. Business confidence deteriorated, which resulted in low inquiries from downstream industries.

During the Q4 of 2023, sodium tripolyphosphate prices declined in China. Due to consumer slowdown and the necessity to prevent excess inventory to improve financial performance, local manufacturers had to operate at a reduced level. The downstream industries continued to have minimal demand. In general, the Chinese sodium tripolyphosphate market was depressed due to abundant supply and poor demand. In the fourth quarter of 2023, sodium tripolyphosphate price stood at 980 USD/MT in China.

Regional Coverage

The report provides a detailed analysis of the sodium tripolyphosphate market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the sodium tripolyphosphate price trend.

Global Sodium Tripolyphosphate Price

The report offers a holistic view of the global sodium tripolyphosphate pricing trends in the form of sodium tripolyphosphate price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights the current price but also provides insights into sodium tripolyphosphate historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.

The report also delves into sodium tripolyphosphate price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed sodium tripolyphosphate demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.

Europe Sodium Tripolyphosphate Price

Q2 2024:

The European sodium tripolyphosphate market exhibited a low pricing trend in Q2 of 2024, driven by reduced demand and high stock levels. Water treatment and downstream industries slowed their purchasing activity, particularly during the holiday season, resulting in diminished inquiries. The weakened prices of upstream phosphoric acid and yellow phosphorus further added to the market’s subdued tone as manufacturers focused on accomplishing existing commitments rather than new orders. Although the phosphate rock market displayed stable pricing with consistent shipment activity, downstream sectors like paper and pulp saw limited improvements, maintaining muted inquiry levels. End-user demand for paper products remained weak, hindering price stability and reducing support for upstream pulp markets. These factors collectively highlighted a challenging quarter for the market.

Q4 2023:

In Europe, the market for sodium tripolyphosphate experienced fluctuating price movements during Q4 of 2023. Initially, there was a noticeable decline in prices within Russia, largely driven by reduced demand from the water treatment and detergent sectors, as well as a minor drop in manufacturing activity. By November, prices started to rise again as demand picked up in downstream sectors, both locally as well as internationally, reflecting stable growth of the business. However, persistent inflation and a rising consumer price index indicated economic pressures.

This analysis can be extended to include detailed sodium tripolyphosphate price information for a comprehensive list of countries.

North America Sodium Tripolyphosphate Price

Q3 2024:

Throughout the third quarter of 2024, the North American sodium tripolyphosphate market showed mixed pricing trends. A combination of decreased use from key sectors, like paper and textiles, alongside ample material availability and subdued usage, drove prices lower. The market also faced disturbances from periodic factory shutdowns, adding complexity to the landscape. Seasonal challenges, particularly the hurricane period, disrupted logistics and caused shipment delays, intensifying supply chain uncertainties. The USA saw the most notable cost fluctuations during this period, marked by a noticeable downward trend as prices declined steadily throughout the quarter. The pricing atmosphere was generally negative, reflecting consistent price reductions and challenging market conditions that marked the close of the period on a subdued note.

Q2 2024:

During the second quarter of 2024, the sodium tripolyphosphate market in North America encountered an increase in prices influenced by diverse factors. Elevated demand, particularly from household and industrial sectors, drove usage to higher levels. The water treatment industry and recuperating downstream markets also played significant roles in supporting the upward trend. Simultaneously, supply chain disruptions led to increased freight charges, further compounding price pressures. Demand variations that are out of the ordinary and constraints on capacity led to increased expenses for transportation. Economic hurdles, such as high interest rates and slow GDP growth, contributed to the inflationary climate. The United States, specifically, demonstrated significant pricing fluctuations due to a mix of abundant material availability and low demand. Nonetheless, seasonal surges and increasing imports brought some steadiness, showcasing the complex interactions within the region's market.

Q4 2023:

During the final quarter of 2023, the North American sodium tripolyphosphate market saw a downward trend in prices, driven by a combination of factors. Demand from key downstream sectors, including water treatment, detergents, food, and beverages, remained weak, particularly following the end of the high-demand summer period. This sluggish demand was compounded by an influx of lower-priced imports, which further pressured market prices. Despite adequate domestic supply, procurement levels were minimal, contributing to the price decline. In the United States, the market was particularly bearish, with poor market sentiment and a weak demand outlook from downstream industries. Although there was a slight uptick in the manufacturing PMI, overall commercial activity remained stagnant, with no significant plant shutdowns reported. The North American STPP market thus faced a challenging environment with low demand and subdued market conditions.

Specific sodium tripolyphosphate historical data within the United States and Canada can also be provided.

Middle East and Africa Sodium Tripolyphosphate Price

Q3 2024:

During the third quarter of 2024, Tunisia's sodium tripolyphosphate market encountered a varied pricing trend. Initial gains were later offset by a decrease as the quarter progressed. This was because of rising costs of upstream feedstock like phosphoric acid and phosphate rock, which saw supply constraints in Asia and beyond. Structural issues, especially in rail transport, hampered production, reducing the sector's contribution to the economy. By mid-year, phosphate exports showed a significant decline, impacting national trade. However, local usage of sodium tripolyphosphate remained strong due to its use in water treatment and detergents for both industrial and household purposes throughout the summer. While this demand brought about a brief period of steadiness, prices decreased by the end of the quarter. Global exports persevered despite widespread issues with supply chain and transportation.

Q4 2023:

The report explores the sodium tripolyphosphate pricing trends in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.

In addition to region-wise data, information on sodium tripolyphosphate prices for countries can also be provided.

Asia Pacific Sodium Tripolyphosphate Price

Q3 2024:

During the third quarter of 2024, the sodium tripolyphosphate market in Asia Pacific, particularly in China, experienced notable price fluctuations. While prices initially increased in the early stages of the quarter, a weakening in demand led to a decline later on. The market environment leaned negative, driven by reduced usage in sectors like water treatment and paper, resulting in surplus inventory and subsequent cost drops. The region faced additional pressure from production disruptions due to flooding in key facilities, which impacted the supply chain and contributed to price declines. Seasonal influences played a role, leading to notable differences in cost trends across the quarter. Despite efforts to maintain stability, the overall pricing scenario ended on a downward trajectory, highlighting persistent market challenges.

Q2 2024:

During the second quarter of 2024, the Asia-Pacific sodium tripolyphosphate market faced a decline in prices, shaped by inadequate upstream expense support and reduced user demand both locally and internationally. A downturn in the phosphate rock market further pressured prices, while fluctuating production costs added to the bearish sentiment. In China, oversupply and reduced industrial activities exacerbated the decline, with subdued demand from key downstream sectors amplifying the issue. Seasonal increases in water treatment and textile demand failed to offset the broader downward trend. Operational disturbances because of site closures and logistical challenges contributed to the market’s instability. Despite pockets of resilience in specific areas, the region’s overall market sentiment remained subdued, heavily impacted by sluggish economic activity and strained supply chains.

Q4 2023:

During the Q4 of 2023, the Asia Pacific region experienced a downfall in sodium tripolyphosphate prices because of decreasing production costs, coupled with weak demand. There was an abundance of material available in the market because of the low demand from sectors like food and beverage, detergent, and water treatment. In addition to this, China observed a bearish market for sodium tripolyphosphate due to high supply and low demand, along with difficulties encountered by the economy in recuperating from the post-pandemic downturn.

This sodium tripolyphosphate price analysis can be expanded to include a comprehensive list of countries within the region.

Latin America Sodium Tripolyphosphate Price

The analysis of sodium tripolyphosphate prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.

This comprehensive review can be extended to include specific countries within the region.

Sodium Tripolyphosphate Price Trend, Market Analysis, and News

IMARC’s newly published report, titled “Sodium Tripolyphosphate Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2024 Edition,” offers an in-depth analysis of sodium tripolyphosphate pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

It encompasses an in-depth review of spot price of sodium tripolyphosphate at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of sodium tripolyphosphate price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.

The report examines the elements influencing sodium tripolyphosphate price fluctuations, such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.

Sodium Tripolyphosphate Market Analysis

The global sodium tripolyphosphate market size reached US$ 2.4 Billion in 2023. By 2032, IMARC Group expects the market to reach US$ 3.1 Billion, at a projected CAGR of 2.90% during 2023-2032.

• Sodium tripolyphosphate plays an important role in water treatment by acting as a sequestrant for hardness ions hence preventing the scaling of pipes and equipment. As industrial activities are rising globally the volume of water used in various processes increases heightening the need for effective water treatment solutions to ensure operational efficiency and compliance with environmental regulations. According to WHO data, in 2022, 6 billion people used safely managed drinking-water services – that is, they used improved water sources located on premises, available when needed, and free from contamination. The remaining 2.2 billion people without safely managed services in 2022 included 1.5 billion people with basic services, 292 million people with limited services, 296 million people taking water from unprotected wells and springs, and 115 million people collecting untreated surface water from lakes, ponds, rivers, and streams. The increasing demand for water treatment directly translates into a growing need for sodium tripolyphosphate thereby driving its market growth.
• Sodium tripolyphosphate is a key component in laundry detergents mainly functioning as a water softener and builder that enhances detergent performance by binding calcium and magnesium ions. This is essential in hard water conditions ensuring that detergents remain effective. The global laundry detergent market is on the rise mainly fueled by an increase in consumer awareness about hygiene. The rise in demand for effective laundry solutions is directly influencing the market for sodium tripolyphosphate.
• In the ceramic industry sodium tripolyphosphate is essential for enhancing the properties of ceramic products like tiles and sanitary ware. It acts as a dispersing agent to improve the uniformity and workability of ceramic slurry which enables smoother surfaces and more consistent shapes. According to a report by the Observatory of Economic Complexity, in 2022, ceramic products were the world's 50th most traded product, with a total trade of $67.9B. Between 2021 and 2022 the exports of ceramic products grew by 6.48%, from $63.8B to $67.9B. Trade in ceramic products represents 0.29% of total world trade. This increase is directly influencing the need for sodium tripolyphosphate as manufacturers ramp up production to meet global market requirements.

Sodium Tripolyphosphate News

The report covers the latest developments, updates, and trends impacting the global sodium tripolyphosphate market, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in sodium tripolyphosphate production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the sodium tripolyphosphate price trend.

Latest developments in the sodium tripolyphosphate industry:

• In 2022, Construction began for Tianyuan Group's LFP cathode project in Sichuan, with a production capacity of 100,000 tons per year. The project, part of a larger investment plan, aims to be operational by March 2023 and includes the setup of a manufacturing project for upstream materials.
• In 2023, Evonik collaborates with abcr as the official distributor for INFINAM® Photopolymers, offering a range of innovative materials for 3D printing applications, including clear, impact-resistant, and temperature-resistant photopolymers suitable for various industries. This partnership enhances abcr's position as a reliable supplier for additive manufacturing materials, providing tailored delivery services and comprehensive documentation support.

Product Description

Sodium tripolyphosphate is a highly resourceful and angelic compound that has various industrial applications. Sodium tripolyphosphate exists as a white crystalline powder or granular form and is composed of sodium cations and tripolyphosphate anions. Sodium tripolyphosphate is widely used as a builder in sequestering agent in detergents and cleaning products where it helps to soften the water, prevent soil redeposition, and enhance the detergent performance. Apart from its roles in detergents sodium tripolyphosphate finds its applications in water treatment, metal treatment, and ceramic manufacturing. Its ability to control pH makes it a valuable entity in the range of industrial processes. However, concern about its impact, mainly its contribution to eutrophication in water bodies, has led to regulatory restrictions on its use in some regions.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of sodium tripolyphosphate pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
• The study examines factors affecting sodium tripolyphosphate price trend, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
• The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
• IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The sodium tripolyphosphate price charts ensure our clients remain at the forefront of the industry.