Tokyo (Japan): During March xxxx, Calcium Carbide prices in Japan experienced a decline, primarily driven by sluggish demand in downstream industries such as PVC, steel, and welding. This downturn was exacerbated by a construction slowdown and low import prices from China. Furthermore, globally low prices of feedstock coke and coal further reduced the production costs of Calcium Carbide amidst a slow economic recovery.
The pricing of Calcium Carbide in the domestic market remained weak, reflecting a lack of demand from end-users. Enterprises faced increasing losses, leading some to implement shutdowns or reduce production to alleviate inventory pressures. Despite attempts to address these challenges, demand from downstream industries such as PVC and steel remained subdued, largely due to the slowdown in the construction sector. With housing starting declining and the number of vacant homes rising due to demographic changes, construction activity stagnated. As a result, the Calcium Carbide...
