Global Calcium Acetate Prices Show Optimistic Trend, Rising Moderately in September 2023

Calcium Acetate prices end September 2023 on an optimistic side across the global market, and the prices rose moderately compared to the previous month's trend. A rational rise in offtakes was witnessed at the beginning of the third half of Q3 from the end-user industries. Adding to this, factors such as rising energy costs and persistent inflation contributed to price variations in Calcium Acetate. It is a versatile compound used as a fertilizer and a soil conditioner, also used to control pests and diseases in crops. The current rising season of planting is further attributed to its surging market demand, keeping its prices in the Northerly direction.

In the North American region, primarily across the United States, the growing awareness among consumers regarding the benefits attributed to Calcium Acetate used in both the Pharmaceutical and agricultural sectors supports this moderate rise in its price values throughout September 2023, keeping the market dynamics at a positive side. Furthermore, after witnessing a continuous drop in Calcium Acetate prices in prior months, the market demonstrates a very minute rise as imports from the exporting regions upsurge at a steady level than noted from the previous month. However, the domestic market continues to remain balanced as merchants already possess sufficient stock to cater to the overall incoming inquiries from the domestic and regional markets.

Moreover, Considering the Asia Pacific region, China is the world's largest exporter of Calcium Acetate. It has a large and well-developed Calcium Acetate industry and can produce the product relatively cheaply. As Golden Week draws near, manufacturing facilities in China are increasing production and putting a lot of emphasis on destocking to meet orders in time for the upcoming big sales before the holidays. As a result, the cost of air and sea freight increased marginally, raising the price of Calcium Acetate in the importing regions. Additionally, the cost of inputs like fuel and raw materials, particularly acetic acid, is increasing the production cost of Calcium Acetate, leading to a higher pricing trajectory throughout this period. Besides this, the Chinese Yuan's depreciation against the dollar further contributes to higher prices.

As per the Chemanalyst anticipation, "The prices of Calcium Acetate are projected to sustain its upward price trend in the forthcoming period also. The rising cost of feedstock and continuously surging inquiries from overseas markets is expected to keep the production momentum in the Northerly direction. Additionally, purchasing activity from the downstream pharmaceuticals and other food industries continues to rise, which is expected to fuel the overall market activity for Calcium Acetate in the future."