Metakaolin Prices Decline in May 2023 Due to Low Demand and High Supply

The global Metakaolin market observed a decline in its price during May 2023, as the demand for the product was low from the downstream construction sector, while the supply of the Metakaolin was high in the international market as summer typically offers more favorable weather conditions for mining and exploration operations. Snow and ice melt allows better access to mining sites, exploration areas, and transportation routes. The absence of extreme weather events, such as heavy rainfall or blizzards, can also minimize disruptions to operations.

In Europe, the price of Metakaolin decreased by around 2% due to the abundance of products in the European market over the low demand for the product. This month, the demand for the product from the downstream construction industry was low in the European market. The slow economic activity across the region majorly influenced the industry. The supply of Metakaolin was high in the European regions, particularly those with mountainous or northern regions. Winter conditions make mining sites and exploration areas inaccessible due to heavy snowfall, ice, or difficult terrain. During the summer, as snow and ice melt, access to remote or high-altitude locations improves, allowing for exploration and extraction activities that were restricted during the winter.

The price of Metakaolin decreased this month in the Asia-Pacific region and the Chinese market, with a decrease of approximately 8%. However, this month, China's downstream construction industry maintained steady demand for Metakaolin. The Chinese economy was attempting to restore during this month after the Coronavirus and CNY Celebrations vulnerabilities, affected by moderate financial exercises, the interest for the item stayed stable. However, the country had a large supply of Metakaolin due to the abundance of products in the global market. Global price trends influenced price reduction. The cost of feedstock Kaolin likewise affected the item value as its costs additionally fell in the global market.

Metakaolin is commonly used as a Supplementary Cementitious Material (SCM) in concrete mixes. It is often added at a replacement level of 5% to 20% by weight of cement, depending on the desired performance and application. The effectiveness of Metakaolin in the concrete and construction industry depends on factors such as the quality of the Metakaolin, the cementitious system, and the overall mix design.

According to ChemAnalyst, the price of Metakaolin may rise in the first half of June 2023 because it is anticipated that the summer season will drive up demand for the product in the downstream construction industry.