In August xxxx, the Sodium Acid Pyrophosphate (SAPP) market in Thailand experienced significant growth trajectory, with prices increasing by x.xx to USD x,xxx per MT on FOB - Laem Chabang basis. This incline in price was driven by various factors, including enhanced demand from food processing industries and water treatment companies, where Sodium Acid Pyrophosphate plays a vital role as a leavening agent and sequestrant. The rise in prices showed both domestic consumption and a raise in export orders, with Thai manufacturers adjusting to the changing market conditions.
One of the major reasons for the price increase in Sodium Acid Pyrophosphate is the seasonal increase in demand, especially from the food processing sector. This sector relies heavily on SAPP in various applications, including baked and processed foods. Additionally, the use of this commodity in water treatment and metal industries has further supported its demand. These industries have...
