Texas, USA: The US Sodium Tripolyphosphate market demonstrated a bearish trend in March xxxx as the prices noted further decline due to the importation of low-priced goods. Due to ample availability and low consumption of Sodium Tripolyphosphate, sellers in exporting nations offered products at discounted prices. Additionally, on the cost side, support for Sodium Tripolyphosphate from upstream raw materials has remained stable as reported by the manufacturers.
On the demand side, due to the high availability of Sodium Tripolyphosphate, procurement decreased, accompanied by a slight downtick in domestic market consumption rates this month. Additionally, market participants have noted a delay in Sodium Tripolyphosphate payloads within the domestic market due to delays in container shipments that have eased slightly this month. Furthermore, government data indicates that U.S. economic growth in the fourth quarter of last year was slightly weaker than previously thought. This revision is mainly due to...
