SunSirs: The Market Price of Calcium Chloride Remained Stable, and Downstream Demand Remained Weak and Stable
March 15 2024 15:29:54 SunSirs (John)
Price trend
According to the commodity analysis system of SunSirs, the price of calcium chloride remained stable this week. As of March 14th, the market price of 94% anhydrous calcium chloride was at an average market price of 1,357 RMB/ton, unchanged from last week.
The prices in various regions were as follows: the reference price in Shandong was 1,250.00 RMB/ton; The reference price for the Northwest market was 1,250.00 RMB/ton; The reference price for the central and southern regions was 1,750 RMB/ton.
Analysis review
Trend of raw material prices:
According to the commodity analysis system of SunSirs, in terms of raw materials, the price of soda ash was weak. Although there was still a slight increase in the price of raw material hydrochloric acid, the increase was difficult to transmit to the calcium chloride market.
Downstream cement:
In early March, the downstream cement industry of calcium chloride in East China was affected by cloudy and rainy weather, resulting in poor construction of construction sites and mixing plants, slow recovery of market demand, and cold downstream procurement.
Some domestic calcium chloride factories had high inventory, and the industry was operating at a low level. There had been no significant change in the overall supply of calcium chloride in the industry, and there was no supply pressure. The domestic market atmosphere was dull, mostly driven by demand for goods, and various factors led to price stability.
Market outlook
Overall, the expected changes in supply and demand were not significant. It is expected that the price of calcium chloride will continue to be weak next week.
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