For the Quarter Ending March 2023
North America
In the first quarter of 2023, the price of Calcium Acetate improved in the United States. In early January, the prices continued to grow on a positive note but declined at the same rate as the first quarter concluded in February 2023. Increase in domestic demand with limited supplies among market players, the price of Calcium Acetate has been on the rise. However, consumer demand highlighted a weaker trend during the mid of the first quarter, due to which traders and local suppliers focused on placing the orders according to their requirements. Moreover, as March concludes, the prices of Calcium Acetate inclined at a moderate rate.
Asia Pacific
Prices for Calcium Acetate demonstrate a fluctuating trend throughout the first quarter of 2023. Early in January, the market sentiments in China, which had a holiday-shortened month January, started to improve somewhat. This was primarily due to better demand after the Lunar New Year, as both consumption and production significantly increased after the government abandoned its zero-COVID policy. Up to the middle of the first quarter of 2023, calcium acetate prices started to drop steadily. This was made possible by a fall in international inquiries, a decline in upstream feed cost, and ample inventories that can fulfill demand overall. With this, the prices of Calcium Acetate were assembled at USD 1150/MT in China.
Europe
Calcium acetate prices in the first half of the first quarter of 2023 remained on the upper side, followed by the trend of Asia Pacific. An increase in orders from end-user industries supported the upsurged market trend in January, but they concluded on a remarkably unfavorable note in mid-quarter 1. Additionally, the market has begun to demonstrate signs of strength in support of an increase in the flow of trade from China to Europe in contrast to the previous month, which has reinforced the general market sentiments of Calcium Acetate in the German market.
For the Quarter Ending December 2022
North America
The prices of Calcium Acetate in the North American region witnessed an ascending price trend in the last quarter of 2022. As with the start of winter, i.e., October, the prices witnessed were on the lower side owing to decreased end-user demand. Inflation dropped during October compared to September, but it still remained well above the upper boundary, which in turn affected the market sentiments of Calcium Acetate. Following mid-q4 till the end of the fourth quarter of 2022 in the United States, the prices of Calcium Acetate mimicked the opposite trend than October as the sudden increase in demand and trade disruption from China kept the price trend in a Northward direction.
Asia Pacific
In APAC region, primarily in China, witnessed an ascending price trend for Calcium Acetate in the fourth quarter of 2022. Although, the prices of Calcium Acetate during October declined as the inquiries from the traders reduced considerably. Additionally, Chinese manufacturing activity, one of the important components of the country’s economy, has weakened steadily with the start of November, but this did not affect the market sentiments as suppliers had sufficient inventories to meet the overall requirements. Following December, the cost of Calcium Acetate remained on the upper side with consistent demand and a surge in COVID-19 cases, which in turn halted the supply-demand side. With this, the prices of Calcium Acetate displayed during the end of the fourth quarter were assembled at USD 1140/MT USP FOB Shanghai in China.
Europe
During the fourth quarter of 2022 European region displayed a similar pattern as that of the United States for Calcium Acetate. With the start of October, inquiries decreased considerably. However, the prices started to gain pace in the positive direction from early November to later December because of healthy demand from the domestic market and overseas market. Although, the supplies with the market participants were enough to cater to the overall necessities within the region.
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.
