# Trisodium Phosphate Prices, Trend, News, Monitor, Supply & Demand, Forecast | ChemAnalyst
According to the ChemAnalyst, “In Q4 2023, the North American Trisodium Phosphate (TSP) market demonstrated a dynamic pricing landscape. Initially stable compared to Q3, [[Trisodium Phosphate Prices](https://www.chemanalyst.com/Pricing-data/tri-sodium-phosphate-1174)](https://) were supported by consistent demand and steady feedstock costs.”
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Trisodium phosphate (TSP) is a widely used chemical compound with various industrial applications, including as a cleaning agent, stain remover, food additive, and water softener. The price of TSP fluctuates based on several factors, including market demand, production costs, and regulatory changes. Historically, TSP prices have been influenced by the availability and cost of raw materials such as phosphoric acid and sodium hydroxide, which are key ingredients in its production. Additionally, shifts in global supply and demand dynamics, as well as geopolitical factors, can impact TSP prices. For example, changes in trade policies or disruptions in the supply chain due to geopolitical tensions can lead to price volatility. Moreover, environmental regulations and concerns about the impact of phosphate-based compounds on water quality have prompted shifts in production methods and increased scrutiny, potentially affecting TSP prices. Furthermore, fluctuations in energy prices, as TSP production is energy-intensive, can also influence its overall cost. In recent years, there has been growing interest in sustainable alternatives to TSP, driven by environmental and health considerations, which could potentially impact its market demand and pricing dynamics in the future. Overall, the pricing of TSP is subject to a complex interplay of factors, reflecting the broader economic, regulatory, and environmental landscape in which it operates.