In the mid-Qx of xxxx, Tetra Potassium Pyrophosphate (TKPP) prices rose in the North American market, supported by steady production and a rise in exports from key Asian exporters. Following the U.S.-China trade agreement, temporary tariff reductions encouraged buyers to boost pre-hurricane stocking, fostering a more stable trade environment despite modest cost pressures.
Concurrently, TKPP demand in the U.S. remained firm amid steady consumption of fertilizer and food additives, along with resilient demand in the paints and coatings sector. However, as the planting season progresses, TKPP prices are expected to ease due to stabilizing agrochemical orders, better availability of stocked material, and falling input costs, indicating a potential price decline in the near term.
In May xxxx, the TKPP production rates were steady in the key producer China, supported by ample supplies of key feedstock phosphoric acid. At the...
