Entering March, Calcium Hydroxide prices continued to gain upward momentum in the Asia- pacific region, particular in India and China. The increase in prices was due to several factors affecting the supply- demand dynamics.
As for the ongoing market scenario, let’s take a closer look at China’s domestic market. The Lunar New Year celebrations constrained the availability of workers as a significant portion of the workers journeyed back to their hometowns to celebrate the festivities. The large-scale movement of labour hampered manufacturing activities at the plants, thus weighing on the overall supply in the domestic market. Low production rates coupled with steady downstream demand created a tight supply situation. In order to take advantage of the favourable market conditions, sellers decided to raise their pricing targets for the month, pushing Calcium Carbonate prices higher. Additionally, the prices of raw material Calcium Carbonate rose, thus adding on...
