Quarter Ending September 2025
North America
• The Dolomite Price Index fell quarter-over-quarter in Q3, reflecting subdued demand from construction, steelmaking, and glass manufacturing sectors.
• The Dolomite Price Forecast suggests limited upside in Q4 amid cautious restocking and slow recovery in infrastructure and industrial projects.
• The Dolomite Production Cost Trend remained stable, supported by steady mining operations and low energy input costs, helping producers maintain margin stability.
• Weekly movements in the Price Index were neutral to soft, supported by balanced supply and consistent quarry output.
• Export activity remained muted, and domestic consumption was impacted by sluggish construction activity and delayed infrastructure spending.
Why did the price of Dolomite change in September 2025 in North America?
• Prices decreased due to low offtake from cement, steel, and glass manufacturers, despite expectations of seasonal demand recovery.
• Stable mining costs and uninterrupted quarry operations-maintained supply, limiting upward price momentum.
• Sufficient spot availability and cautious procurement behavior kept sellers from raising offers, sustaining a soft market tone.
APAC
• In India, the Dolomite Price Index fell by 2.9% quarter-over-quarter, reflecting oversupply and weaker demand.
• The average Dolomite price for the quarter was approximately USD 24.95/MT, measured against the Ex-Alwar assessment.
• Dolomite Spot Price volatility rose as legal uncertainty constrained mines, briefly supporting Price Index gains.
• Dolomite Price Forecast anticipates modest recovery post-monsoon as construction restarts, balanced by short-term oversupply risk.
• Dolomite Production Cost Trend remained stable, with feedstock and transport costs largely unchanged during the quarter.
• Dolomite Demand Outlook weakened during the monsoon, delaying procurement and suppressing construction-related offtake temporarily across regions.
• Inventory accumulation pressured the Dolomite Price Index as traders deferred restocking amid regulatory uncertainty persistently.
• Major domestic producers operated while legal reviews delayed mine restarts, sustaining supply uncertainty among buyers.
Why did the price of Dolomite change in September 2025 in APAC?
• Supply disruptions from legal scrutiny around Sariska boundaries reduced mine output, tightening availability during September.
• Monsoon-related construction slowdowns weakened demand, extending procurement delays in infrastructure and pressuring quarter-end price performance.
• Logistics bottlenecks and seasonal transport congestion increased delivery times and marginally raised distribution costs nationwide.
Europe
• The Dolomite Price Index declined quarter-over-quarter in Q3, driven by weak demand from construction, steel, and glass sectors.
• The Dolomite Price Forecast for Q4 2025 suggests a flat-to-soft trend, with limited upside due to sluggish infrastructure activity and cautious industrial restocking.
• The Dolomite Production Cost Trend remained stable, supported by consistent quarry operations, low energy input costs, and favorable logistics across key European mining hubs.
• Weekly movements in the Price Index were neutral to soft, with no major supply disruptions reported during the quarter.
• Export activity remained moderate, while a slower-than-expected recovery in construction and industrial manufacturing impacted domestic consumption.
Why did the price of Dolomite change in September 2025 in Europe?
• Prices decreased due to low offtake from cement, steel, and glass manufacturers, despite expectations of seasonal demand improvement.
• Stable mining and energy costs ensured a steady supply, while high inventories and muted procurement activity kept pressure on prices.
• Buyers adopted a wait-and-see approach, anticipating further price corrections amid weak downstream momentum.
For the Quarter Ending June 2025
North America
• The Dolomite Price in North America showed mixed trends through Q2, ultimately stabilizing by the end of the quarter. The Price Index remained relatively flat, reflecting a balance between regional supply and subdued demand across construction and agriculture.
• The Dolomite Production Cost Trend remained stable, with moderate increases in transportation expenses, offset by reduced fuel prices. Efficient logistics and steady mining output prevented supply disruptions.
• The Dolomite Demand Outlook was tempered by delays in infrastructure projects and lackluster cement output, with only marginal support from agriculture and soil conditioning sectors.
Why did the price of Dolomite change in July 2025 in North America?
• In July 2025, the Dolomite Price Index in North America declined slightly, primarily due to extended weather-related disruptions that delayed construction schedules across key markets like the U.S. Midwest and parts of Canada.
• Infrastructure projects slowed significantly, resulting in procurement delays and inventory build-up, putting downward pressure on Dolomite prices.
• Meanwhile, domestic dolomite availability remained high, supported by stable production and efficient logistics, leading to a mismatch between supply and demand.
• Though fuel and energy prices showed signs of easing, the demand downturn outweighed cost-side pressures, contributing to the overall price softening.
Europe
• The Dolomite Price in Europe remained subdued during Q2, with the Price Index declining marginally due to persistent construction slowdowns and inventory overhanging in industrial zones.
• The Dolomite Production Cost Trend remained steady, as lower energy prices helped offset logistics pressures, particularly around congested European ports such as Hamburg and Rotterdam.
• The Dolomite Demand Outlook is expected to remain soft, driven by weak housing starts and muted steel production, both critical consumers of dolomite in the region.
Why did the price of Dolomite change in July 2025 in Europe?
• In July 2025, the Dolomite Price Index in Europe continued to decline, largely driven by sluggish demand from the construction and steel sectors. Summer holiday schedules further reduced industrial activity and procurement volumes across major economies like Germany, France, and Italy.
• At the same time, mining activity remained consistent, and import volumes remained steady, resulting in a regional oversupply that pressured prices downward.
• The Dolomite Production Cost Trend showed minimal movement as energy prices stabilized and freight conditions improved, but these had little effect due to the underlying weakness in demand.
• Overall, the July price drop reflects a market imbalance, with high availability and soft consumption dominating the pricing dynamics.
Asia-Pacific (APAC)
• The Dolomite Price in India—a regional bellwether—rose sharply in April and May 2025, driven by robust demand from the steel and cement sectors, before declining in June due to seasonal factors. Overall, the quarterly Price Index increased by 3.2%.
• The Dolomite Production Cost Trend increased early in the quarter due to higher fuel costs and tighter mining regulations but began easing by June as mining access near Sariska improved and NMDC's mineral exploration expanded capacity.
• The Dolomite Demand Outlook surged early in the quarter, especially from infrastructure, steel, and agriculture sectors, but weakened significantly in June with the arrival of the monsoon.
Why did the price of Dolomite change in July 2025 in APAC?
• In July 2025, the Dolomite Price Index in APAC—particularly in India—declined notably, following an 8.5% drop already observed in June. The ongoing monsoon season disrupted infrastructure and construction activity, severely dampening demand.
• Procurement cycles were extended or paused, as project execution delays and labor availability issues impacted on downstream sectors like cement and steel, which are primary consumers of dolomite.
• Meanwhile, dolomite supply remained elevated, with improved mining access near Sariska and other regions contributing to high domestic availability.
• The Dolomite Production Cost Trend remained moderate, but with demand faltering, suppliers had limited pricing power, forcing them to reduce prices to clear inventory.
For the Quarter Ending March 2025
North America
In the first quarter of 2025, Dolomite prices in North America have shown a steady yet cautious trend as the demand remained relatively stable. The ongoing infrastructure development has slightly curved to favor and support the Dolomite market. After Belgium Cananda is the biggest exporter of Dolomite in the world. The expectation of gradual recovery is considered in the second quarter of 2025, for construction and steel industries.
However, the growth might get restrained due to concern overall economic instability. Environmental Protection regulation has also brought concern over, ore mining and influencing market dynamics.
The dolomite sector in United States maintained a moderate pace, with potential for growth tied closely to U.S. administration vision. Canada being one of the major exporters of Dolomite, got affected and experienced a setback in Dolomite market after the change in U.S. administration. The change in geopolitics has brought fluctuation and more uncertainty, raising concerns over the market trends and exports stability across the region.
APAC
In India, during the first quarter of 2025, the Dolomite market boomed with growth rate of 8.80% compared to the last quarter of 2024. The high demand received from major downstream industries such as construction and glass manufacturing have played a vital role in lifting the market. Dolomite application used for steel and glass purification has elevated the demand as India sees significant growth. Surge in demand for fast connectivity between & within cities has priorities for modern infrastructure growth. This trend will be continued till the end of the second quarter of 2025.
In China, the construction industry has seen a combination of growth and challenges, which has resulted in a reduced demand for dolomite. Despite this, the country’s dolomite exports have largely remained stable, experiencing only slight fluctuations. However, these exports have been impacted by the instability created by U.S. tariffs, which have posed significant hurdles for the sector. The ongoing trade tensions have added an element of uncertainty to the market, further affecting the export of dolomite and other related materials.
Europe
The European Dolomite market in the first quarter of 2025 exhibited a steady but declining trend, influenced by a mix of external disruptions and domestic challenges. While downstream industries such as glass manufacturing sustained moderate demand, export activities faced significant hurdles. The ongoing Russia-Ukraine conflict disrupted trade routes, while Houthi rebel attacks further destabilized the supply chain. The Suez Canal, a vital export route, became insecure, leading to shipment delays and route diversions that drove up freight costs.
Belgium remained a crucial hub for Dolomite mining and exports, with Asian glass manufacturers and refractory industries showing strong interest in its high-quality output. However, the construction sector across Europe, a key consumer of Dolomite, saw reduced activity due to inflationary pressures and cautious consumer behavior. Real estate and construction in major markets like Germany and the United Kingdom slowed significantly as buyers restricted spending to essential projects. These dynamics have underscored the challenges facing Europe’s Dolomite market while presenting opportunities in evolving downstream sectors in 2025.
