For the Quarter Ending September 2022
North America
The prices of Calcium Acetate showcased a decremented behavior due to weak market sentiments during the third Quarter of 2022 in the North American region. In the first half of Q3 2022, the prices increased slightly in a positive direction owing to a healthy demand witnessed from the end-user pharmaceutical sector. Equilibrium between the supply and demand side of the market kept the cost of Calcium Acetate somewhat on the higher side. Further following towards the ending of h1 of q3 sluggish downstream demand from the pharmaceutical industry owing to lesser customer interest kept the market of Calcium Acetate on the lower side. Enough inventories, sufficient supplies, and steady freight charges also supported the price trends of Calcium Acetate in the United States.
APAC
The prices of Calcium Acetate showcased a descending price tendency during the third Quarter of 2022 in the Indian Market. At the onset of the first Quarter of 2022, the prices inclined significantly owing to higher demand and lessened supplies with the domestic market participants. Furthermore, increased freight charges and soaring operating costs forced the Erythromycin prices to maintain an upward trajectory in Q3 2022. Moreover, towards the termination of h1 and starting of h2, the prices began to decline considerably owing to the weaker interest of consumers. Also, due to weak demand from the pharmaceutical sector, the prices dropped abruptly during the next two months of the third quarter. With this, the prices of Calcium Acetate got settled at INR 170230/MT IR Grade Retail Ex-Mumbai in India.
Europe
In the European region, Calcium Acetate prices witnessed a decremented trend in the third Quarter of 2022. during the start of h1, the demand increased stably, resulting in higher prices. Further, following the h2 of the third Quarter, Weak demand with enough stocks was experienced in the German market, keeping the price value of Calcium Acetate on the lower side. Moreover, the Russian-Ukraine war and disrupted trading activities supported Calcium Acetate market sentiments during the end of the third quarter in Germany. Overall, enough inventories, sufficient supplies, and steady freight charges were some of the factors that supported the price trends of Calcium Acetate in the European Region.
For the Quarter Ending June 2022
North America
Prices for Calcium Acetate increased steadily in North America during the second quarter of 2022 because of a limited supply and high downstream demand. At the beginning of April, Calcium Acetate prices increased owing to rising feedstock Acetic Acid costs, increased demand for food and pharmaceuticals, and increased upstream costs. Up to the final week of April, the prices of feedstock acetic acid continued to rise due to increased exports to Mexico and other European countries. In May, the same feedstock supply problems persisted, pushing the cost of Calcium Acetate. Large producers like Celanese and INEOS also issued force majeure, which worsened the situation in June and increased the price of acetic acid in North America, ultimately causing the price of Calcium Acetate to rise.
APAC
Throughout the entire quarter, Calcium Acetate prices fluctuated in the Indian domestic market. Calcium Acetate's price fell until May, and then it started to rise once more in June. The primary cause of this inconsistency was the continuously changing supply and demand fundamentals. Additionally, the market price of the feedstock acetic acid fluctuated. Furthermore, throughout the entire quarter, changes in Chinese trading frequency also had an impact on the market price of acetic acid, which ultimately had an impact on the cost of Calcium Acetate. Prices for Calcium Acetate rose in April before falling in the Chinese market due to a lack of demand, large stocks, and decreased trade activity.
Europe
The market value of Calcium Acetate in Europe climbed substantially during the second quarter of 2022 because of supply restrictions and the energy crisis. Due to the announcement of force majeure by significant producers like Lyondell, the market's supply of feedstock acetic acid was constrained, which led to an increase in Acetic Acid prices. Consequently, Calcium Acetate prices increased throughout the European Union. The market price of Calcium Acetate was further made worse by growing energy and freight expenses, as well as the tensions related to the Russia-Ukraine war. Additionally, the considered period saw strong downstream demand from food and pharmaceutical industries which increased the already elevated market value of Calcium Acetate.
In North America, the price of calcium acetate decreased in the last quarter of 2021 as the continuous dip in the price of upstream Calcium carbonate and weak demand in the market affected the price. Fear of the new variant Omicron Covid 19 has put pressure on the price as low demand and sufficient supply slipped the market sentiments. The demand of calcium acetate was stabilized from the downstream pharmaceuticals sector and food beverages industry. Downstream Ethyl acetate and butyl acetate demands were deterred at the onset of New Year, with the market showing seasonally.
In the Asian region, the price of calcium acetate increased in the fourth quarter of 2021. Most of the manufacturers in the region boozed-up their manufacturing rates to meet the high demand from the downstream sector. Additionally, an increase in the price of feedstock calcium oxide increases calcium carbonate price. In India, the Calcium acetate price in India followed a slight fall due to lower demand from the downstream pharmaceuticals sector market. Additionally, the new Omicron variant in other countries flatulates the price of calcium acetate in the last quarter of 2021.
The price of Calcium acetate in the Europe region increased in the first half of Q4 due to the high price of upstream acetic acid, which rose to a multi-month high because of the global deficit across products across Europe. Long transportation costs and limited freight capacity make the situation more complicated. In December, the price of calcium Acetate is rolled up from the previous month. The prices of Feedstock, Methanol, and coal impacted during this period, affecting the price of acetic acid and calcium acetate.
