The Indian Sodium Acid Pyrophosphate (SAPP) market witnessed a 4.5% fall in September 2025 from August, due to normalized supply situation and better port operation after disruption of monsoons. The market size is anticipated to have slight corrections in the month of October and incline in November and December on account of festive consumption and year-end logistics pressure.
Improvements in the supply side and steady feedstock phosphoric acid costs helped keep SAPP prices in check despite seasonal demand, leading to the 4.5% decline in September. However, the market was still susceptible to global price swings, currency exchange rate changes and possible regulatory changes as a result of its import-reliant status.
The SAPP market saw moderate trading in September, as the end users controlled their needs, very little aggressive buying was witnessed. Import costs remained stable and supplies were sufficient, which put pressure on the prices.
Food processing and pharmaceutical industries, large buyers of SAPP, kept the orders relatively stable for the month, improved stocks eliminated the need for major spot buying. September saw the food processing industry growing significantly due to increasing domestic consumption and export market. The sector saw benefits from the lead-up to the festive season, with producers efficiently meeting the increased demand for bakery and processed foods with their existing stock.
On the other hand, the pharma industry, a major SAPP end user, saw its market value rise by 7.3% year-on-year in September. Strong growth was observed in both chronic and acute therapy markets and leading companies grew faster than the market averages.
Looking ahead, import flow from China and Southeast Asia will remain smooth this month, hence the SAPP supply is likely to stay stable, and prices will probably be decreasing slightly by 0.5%, which is good for a steady supply to end users. Trade could be sturdy, as buyers are gearing somewhat for festive demand. The food processing and pharma industries will continue to place firm orders for SAPP with risk-averse buying policies.
In November, the market is expected to be turned by strong demand for the upcoming Holiday season. An uptick of 1.5% in SAPP prices is expected to be driven by a strong increase in orders from the chemical and food processing industries. Rising order volumes for holiday season consumption induces SAPP demand dramatically among downstream segments.
December will continue to see higher SAPP usage with food processors restocking for the holiday season, prices are expected to go up 1.8% as global shipping rates continue to surge and currency fluctuations affects cost of importing. The month will also continue to see a solid demand from the pharmaceutical sector, which will keep pushing prices upward.
