Germany's Calcium Carbonate Prices Hold Steady Amid Construction Slump and Economic Challenges

Germany's Calcium Carbonate Prices Hold Steady Amid Construction Slump and Economic Challenges

Yage Kwon 12-Jun-2024

Hamburg (Germany): During the first week of June xxxx, Germany&#xx;s Calcium Carbonate market demonstrated stable pricing trends amidst broader economic challenges. The price of industrial-grade Calcium Carbonate remained at USD xxx per metric ton (MT) CFR Hamburg, showing a marginal decline. This stability was driven by balanced supply and demand dynamics despite various external pressures, including a significant contraction in the construction sector and ongoing economic stagnation.

The supply of Calcium Carbonate in Germany remained stable due to consistent production from European manufacturers and slightly adjusted imports from neighboring countries such as Belgium and the Netherlands. This balance prevented price hikes despite minor fluctuations in supply and demand.

Several factors influenced this stability. Raw material costs, particularly limestone prices, experienced slight fluctuations, keeping production costs for European manufacturers steady. The German aggregates sector faced challenges due to ongoing stagnation in construction, exacerbated by the Russian-Ukrainian war,...

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