Calcium Powder Prices, Pricing, Demand & Supply
North America
In the fourth quarter of 2023, the North American Calcium Powder market observed a mixed trend. Initially, prices rose, driven by several key factors including insufficient inventories, sluggish trading conditions, and sustained end-user demand. However, prices experienced a decline in November and December, primarily due to decreased demand from end-sectors and an excess supply within the domestic market.
The slight uptick in prices in October can be attributed to the consistent demand from vital end-user sectors such as pharmaceuticals and food. Responding to increased orders from these industries, manufacturers established higher price levels. However, demand later exhibited a lackluster performance, influenced by persistent inflation and elevated interest rates, which eroded the purchasing power of end-consumers. Additionally, the decline in Calcium powder prices in major exporting nations like China contributed to the downturn in the USA. As international prices decreased, it became less profitable for market participants to uphold higher prices in the US market. The USA faced maximum changes in the prices of Calcium Powder. The prices of Calcium Carbonate USP Grade FOB US Gulf settled at USD 740/MT, reflecting a decline of 2% from the previous quarter. The price comparison of the first and second half of the quarter showed a decline of 7%. In the last year's same quarter, the price declined by 1%.
In conclusion, the North American Calcium Powder Prices faced a bearish trend in Q4 2023 due to surplus supply and reduced demand, leading to a decline in prices.
APAC
The APAC region's Calcium Powder market experienced a bearish trend during Q4 2023, with the demand remaining low due to ample supply in the domestic market. The global economic slowdown, inflation, and financial fragilities contributed to the decline in the market demand. China faced a persistent subdued demand from both domestic and overseas markets, which impacted the economy. The Chinese market experienced a second consecutive contraction in its manufacturing activity, indicating a waning economic momentum. The market witnessed ample supply due to a lack of major orders and fierce market competition, leading to a decrease in Calcium Powder prices. The strengthening of the Chinese yuan against the USD hampered export volumes, contributing to the moderate decline in Calcium Powder prices. The price of Calcium Citrate USP Grade FOB Shanghai decreased by -0.64% in Q4 2023, settling at USD 2310/MT. The trend is expected to persist due to the persistent subdued demand from end-user healthcare and pharmaceutical industries. The percentage change observed in the price comparison of the first a¬¬¬¬-nd second half of the quarter was -1%.
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Europe
The European Calcium powder market in the fourth quarter of 2023 displayed a mixed outlook. Initially, prices rose due to various factors, including limited stock availability, higher energy costs, and increased demand from consumers. Additionally, the expenses associated with air and sea transport surged in October due to China's Golden Week holiday, further pushing prices upward. However, prices later declined due to weakened demand from consumer industries, resulting in excess inventory accumulation. Market participants responded by offering lower prices to clear out old stock. Furthermore, the strengthening of the Euro against the US dollar facilitated more affordable imports from countries like China, ensuring an adequate supply of Calcium powder in the German market. The persistent subdued demand from both domestic and overseas markets is expected to continue. The European Central Bank maintained interest rates as Europe's economic slowdown and the Israel-Hamas conflict clouded the outlook, keeping consumer sentiments low in the German market. The combined impact of these factors underscored the dynamic nature of the European Calcium powder market in the final quarter of 2023.
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