Chemical Price | Prices | Pricing | Monitoring | ChemAnalyst

For the Quarter Ending June 2023 North America In the second quarter of 2023,  Trisodium Phosphate prices  in the US market remained subdued, influenced by weak feedstock prices and moderate demand. Global economic challenges, including mounting inflationary pressure and tightened monetary policies with rising interest rates to counter inflation, have impacted consumers. Oversupplies of feedstock Phosphoric acid have constrained the positive development of Trisodium Phosphate domestically. Demand from the downstream detergent and water treatment industry, both domestically and internationally, has stayed steady, and market transactions were primarily on a need-on-demand basis. Operating rates in manufacturing firms remained stable, and inventories were sufficient to meet overall downstream demand, further affecting Trisodium Phosphate prices. Additionally, the US manufacturing purchasing manager’s index indicated a contraction in industrial and manufacturing activities, droppi...

For the Quarter Ending June 2023 North America Trisodium Phosphate prices  in the US market have remained low in the second quarter of 2023 due to weak feedstock prices and moderate demand. Global economic challenges, such as inflationary pressure and rising interest rates, have impacted consumer spending. Oversupply of feedstock Phosphoric acid has also limited the positive growth of Trisodium Phosphate in the domestic market. However, inquiries from the detergent and water treatment industries have remained steady both domestically and overseas. Market transactions have been based on immediate needs, and manufacturing firms have maintained stable operating rates with sufficient inventories. The drop in the US manufacturing purchasing manager’s index reflects a contraction in industrial and manufacturing activities. Asia-Pacific Trisodium Phosphate prices in China have shown mixed trends during the second quarter of 2023. Initially, prices increased due to improved buying trends a...