First Quarter of 2023 in North America Calcium Powder Prices
First Quarter of 2023 in North America Calcium Powder Prices
North America
During the first quarter of 2023, Calcium Powder Prices USP Grade in the US domestic market rose sharply, from USD 726/MT to USD 745/MT for Calcium Carbonate and USD 3365/MT to USD 3440/MT for Calcium Citrate from January to March. Due to stable freight costs, import purchases were made at prices that were largely unchanged from the previous week, resulting in prices in the US market being the same, with a borderline movement of 0.1%. Additionally, a perfect balance between supply and demand existed in exporting nations like China at the time of purchase, keeping the price of Calcium Powder consistent. Due to continuous orders from the end-user sector, Calcium Powder prices showed a stable trend in the week ending March. Because of the equilibrium between supply and demand, the market dynamics remained unchanged.
Asia- Pacific
The price trend for Calcium Powder remained higher than expected in the Asia Pacific market throughout the first quarter of 2023. Calcium Powder prices for USP grade in China significantly increased from USD 471/MT to USD 495/MT for Calcium Carbonate and USD 2321/MT to USD 2380/MT for Calcium Citrate from January to March. Due to consistent demand from end-user industries like the food and pharmaceutical industries, the Calcium Powder Prices has been rising consistently in China. Due to increased production after the Spring Festival, the price of Calcium Powder in China grew steadily throughout the entire month of March. The gradually expanding demand and persistent inquiries from end-user sectors were primarily responsible for this minor price hike.
Europe
German Calcium Powder price trend showcased an upward trajectory during the first quarter of 2023. However, the highest price quotation from China, a large importer that appears to be having trouble finding German customers, supported the quarter's pattern of rising prices. Additionally, there were not enough Calcium Powder supplies to meet the overall demand, which led to higher pricing in the domestic market. Additionally, because the consumer was purchasing out of necessity, demand from the end-user pharmaceutical and nutraceutical businesses remained greater. Since there was a shortage of fresh supplies, traders' interest grew as they predicted an improvement through the year's end. However, Calcium Powder costs increased due to a busy market and competitive product bidding.
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