STPP (Sodium Tripolyphosphate) Price Trend and Forecast

Regional Price Overview

Get the latest insights on price movement and trend analysis of STPP (Sodium Tripolyphosphate) in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

STPP (Sodium Tripolyphosphate) Price Trend for the Q1 of 2024

Asia

Sodium tripolyphosphate prices exhibited very confined variations throughout the said period of the first quarter of 2024. The Asian market, particularly the Chinese market, began on a relatively firmer note at the beginning of the quarter in January’24. The market prices were primarily guided by the prices of its feedstock materials, sodium hydroxide, and phosphoric acid. Initially, the supplies were a little hurdled as the Chinese New Year holidays kept the suppliers and workers busy.

STPP (Sodium Tripolyphosphate) Price Chart

STPP (Sodium Tripolyphosphate) Price Trends

Please Login or Subscribe to Access the STPP (Sodium Tripolyphosphate) Price Chart Data
 

So, even with very regular demands, the market inched up for sodium tripolyphosphate in the first half of the quarter. However, as the market exchanges and trade flow normalized again in China, the supplies too became normal, and the prices came back very quickly since the demand did not rise. From a panoramic view, the price trend exuded borderline stagnancy prices as the upward and downward fluctuations were truly marginal.

Both supply and demand outlooks failed to impart any major or critical changes in the existing price trajectory of sodium tripolyphosphate. In the Asian market, the price performance of sodium tripolyphosphate was largely lukewarm during the given span of Q1’24.

Europe

In the European sodium tripolyphosphate market, the price trajectory was not much different than in the Asian markets. In Europe also the supply and demand dynamics did not have much to offer. The feedstock costs were humble but so were the downstream demands from the paper and textile industries.

The rattling uncertainties in the regional trade flow with curbed supply chains and loosening customer interest the prices remained consolidated within very narrow boundaries. Surging crude oil and energy prices were preventing the freefall of selling prices as the suppliers could not afford to sell below a point, however, the dull market demands could not provide the desirable cost support. Overall, the sodium tripolyphosphate prices were found to be wavering for the entire period under discussion.

North America

The American sodium tripolyphosphate prices mirrored the trend of the European market during the first quarter of 2024. The regional trade became too dependent on domestic consumption alone as the offshore exchanges emerged as a big challenge. The freight situation was worsening with each passing day. Houthi and Somali pirates in the Red Sea and the Indian Ocean were hampering international trade. Overall, a very tepid price trajectory was witnessed for sodium tripolyphosphate during the said period.

Analyst Insight

According to Procurement Resource, the Sodium Tripolyphosphate market performance is likely to remain bearish in the coming quarter; the demands will take some time to improve going forward.

STPP (Sodium Tripolyphosphate) Price Trend for the October - December of 2023

Asia

STPP or Sodium tripolyphosphate prices witnessed a wavering pattern during the last quarter of the year 2023. The versatility of the sodium tripolyphosphate’s household and industrial applications kept the markets afloat during the said period, otherwise, the upstream factors were not at all in favour of the said market trend. Sodium tripolyphosphate production involved extensive usage of both disodium phosphate and monosodium phosphate, and during the concerned period, both chemicals were witnessing a tumbling trend which also reflected in the sluggish nature of the sodium tripolyphosphate price trend.

The downstream demands from the water softening, paper, and textile industries were regular, which could easily be catered by the existing inventory stocks; hence, suppliers cut down the prices to maintain the stock rotation. Overall, bearish market behavior was witnessed by sodium tripolyphosphate in the Asian region.

Europe

The European market behavior for sodium tripolyphosphate was in alliance with its Asian counterpart. Prices observed tepid movement as the feeble domestic offtakes drove these trend. The freight hindrances happening because of the Israel-Hams war negatively influenced the sodium tripolyphosphate market.

North America

The North American sodium tripolyphosphate market trend reflected the global slump in prices. Uncertainties around the offshore trade hampered the supplier’s confidence and impacted the market trend negatively. Overall, a dull market behavior was witnessed in Q4’23.

Analyst Insight

According to Procurement Resource, the Sodium Tripolyphosphate market projections do not look very positive for the coming months. The dull demand patterns are likely to sustain the same momentum for some time going forward.

STPP (Sodium Tripolyphosphate) Price Trend for the July - September of 2023

Asia

STPP or Sodium Tripolyphosphate, primarily consumed in the detergent, paper, food, and textile industries showed variations in its price trend throughout the said period of Q3’23. The first month of the quarter began on a very strong note as the downstream demands for sodium tripolyphosphate were high initially.

Noticing these high demands, the suppliers ordered more products and overstocked the inventories, anticipating higher returns. However, the market demands didn’t grow beyond a limit, and the regular supply influx created cost pressure for suppliers as it forced them to discount the market prices for sodium tripolyphosphate in order to sustain the market momentum. Thus, the latter half of the quarter was relatively duller than the former half of the quarter. Overall, mixed market trend were observed in Q3’23.

Europe

The European price trend for sodium tripolyphosphate were in total contrast with the Asian trend, as the prices here increased in the second half of the quarter after falling consistently in the first half. Since the European industries were still struggling to come out of the economic downturn induced by the Russian war, the initial demands for sodium tripolyphosphate were on the lower side. However, the market demands improved steadily in the second half of the quarter, and thus, the price trend fluctuated as per the market demands for the entire period of Q3’23.

North America

The North American sodium tripolyphosphate market also behaved in a similar manner as the Asian market since the prices first inclined and then declined here as well. The downstream demands primarily guided these trend along with the economic conditions in the region.

Analyst Insight

According to Procurement Resource, Sodium Tripolyphosphate prices are likely to fluctuate in the coming months since the uncertain market demands will continue to guide these price trend.

STPP Price Trend for the First Half of 2023

Asia

In the Asia-Pacific, the prices of STPP were affected by market activities of phosphoric acid, which serves as a feedstock in its production. The first quarter proved to be fruitful for the prices of STPP as the surge in the number of new orders from the downstream industries and the revival of market activities after a long duration of COVID and the Lunar New Year holidays supported the rising momentum of the STPP market.

In the initial phase of the second quarter, the trend suffered from the contraction of the spending habits of consumers and the adverse effects of global inflation. The prices, however, stabilized during the end phase of this quarter as the fertilizer industries moved positively, pushing the prices of STPP towards a northward trajectory.

Europe

The prices of STPP took on a bearish turn in the first and second quarters of 2023 as the high availability of the product and diminished demand led to a fall in the market sentiments of STPP, causing its prices to face southwards. In addition to this, the uneven trend in the cost of energy production, hike in prices of crude oil, and declining trend of freight charges further proved to be a problem for the STPP prices. In the second quarter, the supply chains in Germany also improved their efficiency, adding to the problem of oversupply and declining the price of STPP in the European countries.

North America

In North America, the prices of STPP declined continuously in the first and second quarters of 2023. The weak market sentiments were a direct result of low demand from the downstream sector of domestic and overseas buyers. Additionally, the output rates also contracted due to deterioration in operating conditions along with the rise in interest rates, causing the price trend of STPP to fall. During the second quarter, the decline was not as much as compared to the first quarter, and the market moved towards stability.

Analyst Insight

According to Procurement Resource, the price trend of STPP is estimated to follow a declining trajectory as the demand from the downstream industries does not seem to support the growth in STPP prices.

Procurement Resource provides latest prices of STPP (Sodium Tripolyphosphate). 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.

Sample Dashboard

Please Login or Subscribe to explore our dashboard.

About

STPP Or Sodium Tripolyphosphate, a sodium salt of the polyphosphate penta-anion, is an inorganic compound. It is utilised as a component in a wide range of domestic as well as industrial products, particularly detergents. It also acts as a food preservative.

Product Details

Report Features Details
Product Name STPP (Sodium Tripolyphosphate)
Industrial Uses Synthetic detergent, Boiler compound, Raw materials of water softener, Paper manufacturing, Textile smelting, Tanning leather, Food additives and preservatives, Others
Synonyms 7758-29-4Pentasodium triphosphateSodium triphosphate (STP)Tripolyphosphate (TPP)
Molecular Weight Na5P3O10
Supplier Database Innophos Holding Inc, Nippon Chemical Industrial Co. Ltd, Sumitomo Chemicals Co. Ltd, Aditya Birla Chemicals (Aditya Birla Group), Emco Dyestuff Pvt Ltd, Acuro Organics Limited, Vinipul Inorganics Private Limited
Region/Countries Covered Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand

Europe: Germany, France, United Kingdom, Italy,  Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece

North America: United States and Canada

Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru

Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
Currency US$ (Data can also be provided in local currency)
Supplier Database Availability Yes
Customization Scope The report can be customized as per the requirements of  the customer
Post-Sale Analyst Support 360-degree analyst support after report delivery


Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.

Production Process

  • Production of STPP (Sodium Tripolyphosphate) via Disodium Phosphate and Monosodium Phosphate

STPP (Sodium Tripolyphosphate) is produced by heating a stoichiometric mixture of disodium phosphate, along with monosodium phosphate, under carefully controlled and observed conditions.

Methodology

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).

Assistance from Experts

Procurement Resource is a one-stop solution for businesses aiming at the best industry insights and market evaluation in the arena of procurement. Our team of market leaders covers all the facets of procurement strategies with its holistic industry reports, extensive production cost and pre-feasibility insights, and price trends dynamics impacting the cost trajectories of the plethora of products encompassing various industries. With the best analysis of the market trends and comprehensive consulting in light of the best strategic footstep, Procurement Resource got all that it takes.

Client's Satisfaction

Procurement Resource has made a mark for itself in terms of its rigorous assistance to its clientele. Our experienced panel of experts leave no stone unturned in ensuring the expertise at every step of our clients' strategic procurement journey. Our prompt assistance, prudential analysis, and pragmatic tactics considering the best procurement move for industries are all that sets us apart. We at Procurement Resource value our clients, which our clients vouch for.

Assured Quality

Expertise, judiciousness, and expedience are the crucial aspects of our modus operandi at Procurement Resource. Quality is non-negotiable, and we don't compromise on that. Our best-in-class solutions, elaborative consulting substantiated by exhaustive evaluation, and fool-proof reports have led us to come this far, making us the ‘numero uno' in the domain of procurement. Be it exclusive qualitative research or assiduous quantitative research methodologies, our high quality of work is what our clients swear by.

Table Of Contents

Our Clients

client-image

Get in Touch With Us

flag
UNITED STATES

Phone:+1 307 363 1045

flag
INDIA

Phone: +91 1203185500

flag
UNITED KINGDOM

Phone: +44 7537 132103

Email: sales@procurementresource.com

NEWSLETTER

Get latest News About Procurement Resource
Subscribe for news

This site uses cookies (including third-party cookies) to record user’s preferences. See our Privacy PolicyFor more.