For the Quarter Ending June 2025
North America
• The calcium formate market in North America maintained a steady downward trajectory through Q2 2025, as weak construction-linked consumption and high inventories kept market sentiment bearish. With formic acid and calcium carbonate prices remaining soft, production costs declined, but this cost relief failed to provide any upward support as demand fundamentals remained weak across key end-use sectors.
• In April, prices eased in USA as weak housing starts and subdued builder sentiment weighed on cement consumption, despite the seasonal uptick in construction activity. High mortgage rates and slow-moving commercial project pipelines further dampened demand, leaving suppliers reliant on discounted spot transactions to manage inventories.
• May brought additional price pressure as inventory overhang persisted, with distributors continuing to face slow offtake from residential and non-residential construction. Cost-side weakness from feedstock inputs lowered production expenses, but this benefit was offset by sluggish market movement and cautious procurement.
• By June, prices remained on a downward path as elevated stock levels and limited cement consumption—exacerbated by ongoing high borrowing costs and stalled infrastructure projects—kept buying enthusiasm low. Sellers were compelled to offer competitive discounts to clear volumes, with weak cost support from feedstock markets providing little buffer against the prolonged demand softness.
Why did the price of Calcium Formate change in July 2025 in North America?
• In July, the Calcium Formate Price Index in North America declined as soft feedstock costs, elevated inventories, and weak demand from cement and concrete industries weighed on the market.
• The Calcium Formate Production Cost Trend stayed subdued, with oversupplied formic acid and calcium carbonate markets keeping input costs low, prompting sellers to issue competitive offers to clear stock.
• Persistent weakness in construction activity, slow real estate investment, and cautious procurement by end-users left spot trading thin, amplifying inventory pressure and sustaining the downward trend in prices.
Asia
• The calcium formate market in Asia showed a firm-to-weak trajectory through Q2 2025, with prices rising modestly in April before softening into May and June. Early-quarter strength was supported by firmer formic acid costs and seasonal improvements in cement and concrete consumption, while later-quarter weakness reflected low construction activity, ample inventories, and tepid export demand amid regional weather disruptions.
• In April, prices rose in China as steady feedstock formic acid costs kept production expenses elevated, while seasonal recovery in concrete and cement sectors and modest post-Ramadan export inquiries lent support. Despite healthy inventories, cost-driven firmness and short-cycle restocking pushed prices moderately higher.
• May saw prices initially hold steady, supported by strong offtake from the feed additive segment as pig farming activity accelerated with rising piglet prices, especially in Hunan and Guangdong. However, post-holiday production rebounds and sluggish construction demand drove a mid-month decline, as inventories replenished and market activity slowed.
• By June, prices trended weaker as high inventories, muted domestic and export demand, and seasonal monsoon disruptions curtailed construction-linked consumption. While the feed additive sector provided baseline support, lackluster cement and concrete activity, coupled with delayed exports due to flooding and logistical issues, weighed on market sentiment and drove further softness across the region.
Why did the price of Calcium Formate change in July 2025 in Asia?
• In July, the Calcium Formate Price Index in Asia declined as weak feedstock costs, elevated inventories, and subdued demand from cement and concrete industries during the seasonal construction lull weighed on the market.
• The Calcium Formate Production Cost Trend stayed soft, with oversupplied formic acid and calcium carbonate markets limiting input cost support, prompting sellers to maintain discounted offers.
• Ongoing weather disruptions, including heavy rains and floods across Asia, further dampened construction activity, while muted export inquiries and high stock levels left spot trading minimal and prices under sustained pressure.
Europe
• The calcium formate market in Europe maintained a steady downward trajectory through Q2 2025, with prices declining throughout the quarter as weak feedstock fundamentals and subdued downstream consumption weighed heavily on sentiment. Persistent weakness in formic acid and calcium carbonate costs lowered production expenses but failed to provide any price support, as sluggish demand from the construction-linked cement sector and high inventory levels dominated market dynamics.
• In April, prices edged lower as housing and commercial construction remained sluggish across Germany and the broader Eurozone, curbing cement demand despite seasonally favorable weather. Weak cost support from softening formic acid values and steady inventories kept sellers under pressure, while export flows into neighboring markets failed to absorb surplus volumes.
• May saw further declines as high stock levels and persistently muted construction activity weighed on procurement, with new residential and commercial project launches staying minimal. Export demand into Southern and Eastern Europe remained insufficient to offset domestic weakness, leaving distributors reliant on discounted spot sales.
• By June, prices continued to slide as cement demand contracted further amid ongoing Eurozone construction downturns. Rising borrowing costs and restrained infrastructure spending reduced project activity, while inventory overhang and tepid export interest left sellers with limited leverage, forcing sustained price concessions across key European hubs.
Why did the price of Calcium Formate change in July 2025 in Europe?
• In July, the Calcium Formate Price Index in Europe declined as weak feedstock costs, rising inventories, and muted demand from cement and concrete sectors pressured the market.
• The Calcium Formate Production Cost Trend remained soft, with oversupplied formic acid and calcium carbonate markets keeping input costs low, prompting sellers to maintain flexible and discounted offers.
• Sluggish construction activity, subdued real estate investment, and limited export flows left procurement restrained, while high stock levels across distributors further weighed on spot prices and sentiment.
For the Quarter Ending March 2025
North America
Throughout Q1 2025, the calcium formate market in North America displayed a mixed trend. January 2025 witnessed price declines due to weak downstream demand, high inventories, and weather-related disruptions in construction, which reduced consumption in the downstream such as cement and concrete. Competitive import prices from Asia further weakened the market, keeping sentiment bearish in the market.
In February, prices began to recover marginally as cold weather abated, and new construction inquiries improved slightly. While overall demand remained subdued, lower logistics costs and gradually depleting inventories supported a moderate price uptick. High interest rates and extended project timelines continued to weigh on broader procurement sentiment.
March saw further improvement in pricing, bolstered by stable domestic supply and slightly stronger data from the construction sector. However, weaker forward indicators such as falling building permits and completions, along with subdued public infrastructure spending, limited the extent of gains. Buyers remained cautious, prioritizing short-term procurement amid broader macroeconomic uncertainty and steady supply conditions.
APAC
Throughout Q1 2025, the calcium formate market in APAC experienced a fluctuating trajectory, starting with consecutive monthly price declines in January and February before a modest recovery in March. In January, prices softened due to limited downstream demand from the cement and concrete sectors during the construction off-season. Cold weather in northern China and widespread site shutdowns in the south constrained market activity, while high cement inventories and sluggish trading further weighed on sentiment. February continued the downtrend, as the Lunar New Year holidays stalled market operations, leaving ample calcium formate supply amid weak demand. Muted consumption and expanding production capacities across the region-maintained pressure on pricing. However, in March, prices edged higher as feedstock formic acid costs strengthened. Still, demand recovery remained slow, with only partial restarts in southern construction projects and funding challenges delaying progress in northern regions. Export sentiment also stayed subdued, reflecting weak international appetite. Despite improved supply management, cautious procurement and inconsistent downstream performance defined the quarter’s close, with only a slight upward correction in market pricing.
Europe
Throughout Q1 2025, the calcium formate market in Europe followed a mixed trajectory, beginning with declines in January before firming through February and March. In January, prices trended lower amid weak demand from the cement and concrete sectors, particularly as winter weather curtailed construction activity across northern and central Europe. Elevated energy costs and high inventory levels further pressured market sentiment, with manufacturers reducing output to manage stockpiles. February saw a shift, with prices gradually firming on the back of steady restocking by distributors and seasonal preparations for infrastructure work. Although construction activity remained muted, early signs of recovery in the Eurozone’s housing and commercial segments helped stabilize procurement. By March, prices edged higher again as tighter domestic supply met growing demand from the ready-mix concrete industry, especially in southern Europe where projects resumed with improving weather. However, the overall market remained cautious, constrained by ongoing softness in civil engineering and industrial construction across major economies like Germany and France. Market participants largely adopted short-term procurement strategies amid lingering economic uncertainty.
For the Quarter Ending December 2024
North America
In Q4 2024, calcium formate prices in North America exhibited fluctuating trends, shaped by feedstock costs, seasonal demand shifts, and downstream cement and concrete market dynamics. In the United States, prices experienced a slight increase in October, supported by steady demand from concrete and construction applications. The construction industry maintained consistent procurement levels for renovation projects, particularly those focused on energy-efficient upgrades and infrastructure maintenance. Additionally, tight inventories and stable feedstock formic acid prices contributed to the marginal price uptick during the month.
In November, prices declined moderately as demand softened across key downstream industries, including cement and concrete. The completion of peak construction activities and a slowdown in new projects, driven by high interest rates and reduced housing starts, weighed on market sentiment. Manufacturers reported elevated inventory levels, prompting cautious production strategies and discounting efforts to clear excess stock.
By December, calcium formate prices saw a slight recovery, driven by pre-holiday procurement for essential projects and maintenance activities. However, seasonal slowdowns and limited construction activity during the winter tempered the overall market recovery. Buyers prioritized immediate needs, avoiding bulk purchases amid cautious market sentiment.
APAC
In Q4 2024, calcium formate prices in APAC exhibited a mixed trend, driven by fluctuating demand and persistent supply-demand imbalances across key markets. In October, prices declined due to weak cost support from feedstock formic acid and limited procurement activity from downstream industries like cement and concrete. China's ongoing real estate slump significantly impacted demand, with a sharp decline in housing sales and reduced construction activity weighing heavily on the market. Despite a slight rise in concrete demand in northeastern China, overall market sentiment remained bearish, as abundant supply and high inventories pressured prices downward.
In November, calcium formate prices experienced a slight recovery, supported by stable feedstock prices and temporary supply chain disruptions caused by earlier typhoons, which shifted export volumes and tightened supply. A modest rebound in sales by leading Chinese developers provided temporary optimism, though broader economic uncertainties persisted. By December, prices declined again as seasonal factors, including reduced construction activity in northern regions due to cold weather, further weakened demand. Stable feedstock prices offered limited cost relief, while manufacturers reduced production rates to manage oversupply.
Europe
In Q3 2024, calcium formate prices in Europe declined as weak demand from downstream industries, particularly the construction sector, weighed heavily on the market. Despite adequate supply and stable feedstock formic acid prices, bearish sentiment persisted due to subdued procurement activity across key applications like concrete, cement. The European construction sector continued to face significant challenges, including high borrowing costs, escalating material expenses, and delays in project execution. New project activity remained low, with seasonal slowdowns during the summer months exacerbating the downturn. The renovation and maintenance segments offered limited support, driven by energy-efficient upgrade initiatives, but these gains were insufficient to offset the broader decline in demand. Manufacturers maintained moderate production rates to manage inventories, but logistical constraints and rising energy costs added operational pressures. Elevated inventories across suppliers reflected cautious purchasing behavior from end-users, who limited procurement to immediate needs. With minimal pricing power and constrained downstream demand, the calcium formate market struggled to stabilize in the European market.
For the Quarter Ending September 2024
North America
Calcium formate pricing in North America during Q3 2024 saw a notable uptrend, especially in the USA market. Several key factors converged to drive this price increase. A resurgence in demand from downstream industries, particularly cement and concrete, played a significant role in fueling the need for calcium formate. This demand was further supported by the industry's shift toward sustainable practices, increasing reliance on this chemical compound. Additionally, supply chain disruptions due to multiple disruptions from hurricanes and rising freight costs constrained availability, exerting further pressure on prices.
In the USA, substantial price fluctuations were evident, reflecting the impact of these intense market forces. The quarter witnessed an increase from the previous quarter, indicating a positive trajectory for pricing. Although there was a slight decline compared to the same quarter in 2023, the market demonstrated resilience and adaptability. The second half of the quarter experienced only a marginal price difference from the first half, signaling stability amidst broader market fluctuations.
By the end of Q3, calcium formate prices in the U.S. remained significantly elevated, underscoring the robust pricing environment and the strength of the North American market.
APAC
In Q3 2024, the calcium formate market in the APAC region experienced a mixed trend, ultimately seeing a significant price decline on a quarterly basis. Several factors contributed to this downward trajectory. Weak demand from key downstream sectors such as cement and concrete played a crucial role in driving prices down. Seasonal factors, including heavy rainfall, further dampened construction activities, negatively impacting demand from these industries. Additionally, limited cost support from feedstocks eroded market confidence, as global demand remained sluggish. New capacity additions during the quarter exacerbated the oversupply, further pressuring prices. In China, the most pronounced price fluctuations were observed, with the market seeing an 18% drop compared to the same quarter last year and a 4.6% decline from Q2 2024. The bearish sentiment prevailed as the market continued to grapple with oversupply and declining prices. By the end of the quarter, the spot price of calcium formate in China stood at USD 480/MT FOB Qingdao, highlighting the challenging market conditions.
Europe
In Q3 2024, the European calcium formate market faced a steady decline in prices due to several influencing factors. Subdued demand from key downstream sectors, particularly in cement and concrete due to slowdown in the construction activities, significantly impacted market dynamics. Challenges within the feedstock market, combined with excess calcium formate inventories, further pressured prices downward. Limited bidding activity and cautious trading behavior reflected the overall market uncertainties and a restrained purchasing approach among buyers. Germany saw the most notable price fluctuations during this period, facing significant changes compared to the same quarter in 2023. Despite a slight price increase from Q2 2024, the overall trend remained negative as weak demand and ample supplies created a bearish environment. Price analysis between the first and second halves of the quarter revealed a slight decline, indicating the market's ongoing struggle to recover. By the end of Q3, the calcium formate market in Europe remained on a downward trajectory, highlighting persistent challenges in supply-demand balance. This consistent price decline reflects the tough market conditions faced across the region during the quarter.
FAQs
• What is the current price of Calcium Formate?
Calcium Formate prices have continued to decline across most markets, driven by oversupplied feedstock, high inventories, and slow construction-related demand.
• Who are the top Calcium Formate producers globally?
Key producers include Perstorp, Zibo Ruibao, Shandong Baoyuan, Chongqing Chuandong, and GEO Specialty Chemicals, which supply major markets in Asia, Europe, and North America.
• What is the Calcium Formate Price Forecast for August 2025?
Prices are expected to remain soft as construction-related cement and concrete demand stays subdued, while ample inventories and weak feedstock costs keep offers under pressure.
• How is the Calcium Formate Production Cost Trend impacting global prices?
Oversupplied formic acid and calcium carbonate markets are keeping input costs low, allowing sellers to sustain discounted offers despite sluggish demand.
• What factors are driving weak Calcium Formate demand?
Seasonal construction slowdowns, reduced housing investment, weather-related disruptions, and limited export inquiries are curbing procurement across major consuming regions.
