Calcium Carbonate prices have gained upward momentum and significantly surged in the global region in the second week of July 2022. The rising US dollar values have substantially pressurized crude oil and other vital commodities incited by escalating concern over the global economy for major importing countries, exacerbating the demand concerns and prompting the bullish market sentiments worldwide for Calcium Carbonate.

As per the latest data, in India, the Calcium Carbonate futures demonstrated a steep rise of 10%, with an increment of nearly USD 7 per ton from the first week of July. The northwards trends observed in pet coke and coal have strengthened the downstream construction sector's operational costs, subduing the domestic region's demand. However, demand for government infrastructure projects has paced ahead of the monsoon season, offsetting the bearish market sentiments. In addition, the corrected diesel prices with high freight charges have also driven up the production costs for downstream cement companies, leading to shrinking profit margins for the market players.

On the other hand, in the USA, the price trends of Calcium Carbonate have shown a rise of USD 10 per ton on July 13th, compared to the prices observed at the start of the third quarter of 2022. As a repercussion of rising inflation in the country, tightened monetary policy and improved interest rates have been imposed by the US Federal Reserve. The data from the US Energy Information Administration (EIA) depicts that the US has exported a large sum of its natural gas supplies to Europe and Asia amid supply uncertainties due to Russia's invasion of Ukraine. Additionally, ongoing constraints in the coal market have put upward pressure on natural gas demand, forcing the operational cost of Calcium Carbonate to climb.

As per the pricing intelligence of ChemAnalyst, the price trends of Calcium Carbonate will likely witness an uptrend in the forthcoming weeks amid input cost inflation and active demand from the downstream construction sector. The supply concerns of primary energy raw materials imposed on the horizon will drive the market growth of Calcium Carbonate in the global region.