Calcium Formate Prices, News, Monitor, Analysis & Demand

With competitive price and timely delivery, TJCY industrial chemical sincerely hope to be your supplier and partner.

For the Quarter Ending March 2024

North America

In Q1 2024, the US Calcium Formate market, with Calcium Carbonate as a feedstock, experienced notable fluctuations influenced by various factors. Initially, prices surged due to limited supply and strong demand, fostering a bullish market environment. However, the trend reversed in the last month of the quarter, with a decline in prices.

By January 2024, global supply chain disruptions, particularly in Calcium Carbonate, propelled price increases, intensifying market dynamics and posing potential inventory challenges for manufacturers. February maintained an upward trajectory with demand from food and pharmaceutical sectors driving prices higher. Nevertheless, by March, food-grade Calcium Carbonate prices in the USA declined due to seasonal shifts and increased production.

Despite this temporary dip, the overall quarterly trend remained upward, with prices concluding at USD 782/MT. Persistent supply chain challenges underscored the need for resilience and adaptability amidst evolving market dynamics.

APAC

The first quarter of 2024 saw decreasing prices for Calcium Formate in the APAC region, influenced by sluggish demand and oversupply. The Lunar New Year holiday in China further dampened trading activities and procurement.

China, in particular, experienced significant price changes, with a 21% decline compared to the same quarter last year. Quarter-on-quarter, prices fell by 23%, and an 8% drop was noted between the first and second half of the quarter. The quarter-ending price for Calcium Formate in China stood at USD 460/MT FOB-Qingdao, indicating a bearish sentiment.

Overall, the pricing environment in the APAC region remained negative throughout Q1 2024, driven by sluggish demand, oversupply, and holiday impacts.

Europe

In Q1 2024, the European Calcium Formate market, with Calcium Carbonate as a feedstock, faced various influences shaping its pricing dynamics. Surplus supply and reduced demand created a bearish market environment. The economic slowdown significantly impacted prices, particularly in construction, a primary application for Calcium Carbonate. Stabilizing energy costs, especially in natural gas used in Calcium Carbonate production, alleviated expenses and mitigated supply constraints. Political tensions and logistical challenges affected Calcium Carbonate import/export dynamics.

Belgium's pricing trends revealed fluctuations, with a 4% decrease compared to the previous quarter in 2024. Prices settled at USD 655/MT of Calcium Carbonate Industrial Grade FD Antwerp, reflecting a downward trend.

For the Quarter Ending December 2023

North America

In North America, Calcium Formate prices showed a modest decline of 5-10% in Q4, similar to Europe. Seasonality, such as reduced construction activity during winter, led to lower demand. Increased competition among producers prevented substantial price increases. Additionally, stable raw material costs ensured controlled production expenses.

Regional variations existed, with slightly higher prices in the Northeast and Midwest compared to the South and West. Seasonal factors, competitive landscape, and stability of feedstock costs contributed to the moderate decline in prices across North America.

Europe

In Q4, European markets saw a slight decline of 5-10% in Calcium Formate prices compared to Q3. Earlier in the year, significant increases in raw material costs and supply chain disruptions had caused price hikes. However, weakening demand from construction and leather industries exerted downward pressure on prices, while stable raw material costs provided some relief. Ample supply across the region also contributed to the price decline. Prices remained higher in Western and Central Europe compared to Eastern European markets.

Asia Pacific

In Q4, the Asia Pacific region maintained price stability with minimal fluctuations, unlike Europe and North America. Strong demand from construction and chemical industries drove this stability. Limited regional production of Calcium Formate and reliance on imports prevented significant price decreases. Although feedstock costs were generally stable, some fluctuations were observed. Factors such as sustained demand, dependency on imports, and occasional raw material cost changes contributed to the observed stability.

For the Quarter Ending September 2023

North America

In Q2 2023, Calcium Formate prices experienced mixed sentiments, initially declining and then rebounding in Q3 due to subdued demand from textiles, building, construction, and leather tanning sectors. Prices of key feedstock components, such as calcium hydroxide, carbon monoxide, and formic acid, showed a decrease, impacting overall production costs.

The Calcium Formate market exhibited weakened demand, with large-volume purchases being less active. Positive developments in U.S. manufacturing, including increased production and employment levels, bolstered economists' confidence in Q3. Robust construction spending also contributed to economic growth.

Asia-Pacific

In Q3 2023, Calcium Formate prices stabilized, with domestic production proceeding slowly. Reduced demand from end-use manufacturing units was noted. Shipping companies managed available space, resulting in increased shipping costs. In China, prices remained steady due to sluggish demand and reduced market inquiries during the "Golden Week" festival. Weak demand, cold weather, and reduced daily consumption limited thermal coal price increases.

Europe

In Q3 2023, Calcium Formate prices declined due to slow demand from construction, leather tanning, and textile industries. Production and sales remained sluggish due to reduced supply of key raw materials, such as calcium hydroxide and formic acid. Construction sector challenges, such as higher interest rates and escalating expenses, reduced demand for new construction and painting projects. Raw material costs declined significantly, reflecting increased inflation rates during higher oil and naphtha prices.

For the Quarter Ending June 2023

North America

In Q2 2023, Calcium Formate price dynamics declined due to weak demand from textiles, building, construction, and leather tanning industries. Feedstock prices remained slow, impacting overall production costs. Repressed requests and reduced demand from downstream pharma and material businesses limited net revenue for key manufacturers.

Asia-Pacific

In Q2 2023, Calcium Formate prices declined due to slow demand. Adequate supplies and low exchange activities impacted net revenue among major production units. Restricted cargoes and supply restrictions led to cheaper rates. Downstream acquisitions remained consistent, with cargoes purchased on an immediate basis.

Europe

In Q2 2023, Calcium Formate prices declined due to slow demand from construction, leather tanning, and textile industries. The European Central Bank's financial tightening and increased production costs impacted overall growth. High wealth of orders and fall in energy costs aided industrial recovery. Limited additive and leather ventures' interest weakened cost support.

For the Quarter Ending March 2023

North America

In Q1 2023, the Calcium Formate market faced adequate product inventories and lackluster demand from downstream construction industries. Weak market fundamentals led to lower trading in the US. Limited purchasing of new stock and decreasing feedstock Calcium carbonate continued the falling price trend. Adjusted interest rates and subdued buying appetite repressed downstream industries.

Asia Pacific

In Q1 2023, demand fundamentals in the Asia Pacific market slumped due to low purchasing activities and high product inventories. The Calcium Formate market declined marginally, reflecting softer trading and low purchasing. No firm offers and bids were made, leading to a feeble price trend.

Europe

In Q1 2023, prompted by weak product demand and limited trading activities, Calcium Formate prices declined. Weak market fundamentals and lower bidding impacted European and Asian markets. Over-supply of Calcium Formate with reduced demand caused a price decline.

For the Quarter Ending December 2022

North America

In Q4 2022, Calcium Formate prices in the US showed a downward trend due to limited market demand and purchasing. Demand from the downstream construction industry slumped, supporting the declining trend. Sufficient product availability and limited exports resulted in lower prices throughout the quarter.

Asia Pacific

In Q4 2022, Calcium Formate prices declined due to a bearish outlook and weak price dynamics. Limited exports from China to the Asian region caused regional prices to slump. Manufacturers reduced production rates to avoid stockpiling.

Europe

In Q4 2022, European Calcium Formate prices trended weakly amidst feeble trading dynamics. Stockpiling and oversupplies reduced costs. Germany's sentiment reflected feeble demand and imbalanced sentiment. Limited product demand and weak cost support pressured producers to decrease costs.

For the Quarter Ending September 2022

North America

In Q3 2022, Calcium Formate prices saw mixed trends. Initially declining with the feedstock Calcium Carbide market, prices gained stance in September, influenced by hurricane season impacts on port operations in North America.

Asia Pacific

In Q3 2022, Calcium Formate prices declined in the Asia Pacific market due to oversupply exceeding demand. Prices fell to USD 1123/ton FOB Qingdao in China. The market was affected by sufficient supplies and limited end-user demand.

Europe

In Q3 2022, European Calcium Formate market faced increased energy and utility costs, along with low water levels due to extreme heat waves. Rising energy prices and economic concerns prompted market players to postpone or cancel orders, dampening demand.

For the Quarter Ending June 2022

North America

In Q2 2022, Calcium Formate prices slipped due to weak feedstock Calcium Carbide prices and a deterred market facing uncertainties. The impact of global crude oil and derivatives prices and slowed economic activities negatively impacted buying sentiments.

Asia Pacific

In Q2 2022, the Asia Pacific market's Calcium Formate prices remained stable with moderate demand. In June, prices in India were USD 1526/ton Ex-Mumbai. Low purchasing activity and high inventories led to price stability.

Europe

In Q2 2022, Calcium Formate prices increased due to higher energy costs and raw material shortages. Tight market conditions and higher production costs raised prices. Rising international tensions further influenced cost dynamics.

For the Quarter Ending March 2022

North America

In Q1 2022, the Calcium Formate market saw increased prices due to strong demand and supply limitations. Energy costs and geopolitical tensions, such as the Russia-Ukraine conflict, influenced market dynamics.

Asia Pacific

In Q1 2022, India saw a rise in Calcium Formate prices due to increased demand from construction ventures and higher coal costs. Regional market pressures and a stable feedstock Methanol market influenced cost trends.

Europe

In Q1 2022, European Calcium Formate prices increased due to strong demand and limited product availability. Trade route disruptions due to geopolitical tensions and high energy costs impacted market dynamics.

For the Quarter Ending December 2021

North America

In Q4 2021, North America's Calcium Formate market exhibited firm sentiments with rising raw material costs. The construction sector showed strong demand, although it slightly declined during December due to festive holidays.

Asia

In Q4 2021, Asia saw a steep upward trajectory for Calcium Formate prices due to production halts and delayed imports. Consistent production cost increases, especially in China, affected overall market dynamics.

Europe

In Q4 2021, European markets experienced price fluctuations due to rising upstream costs. The region's recovery from pandemic-related restrictions boosted production and consumption, while high natural gas costs influenced prices.

For the Quarter Ending September 2021

North America

In Q3 2021, North America saw significant Calcium Formate price increases due to strong demand from construction and high energy pricing. Hurricane Ida's impact on manufacturing units caused overall operating rates to fall.

Asia Pacific

In Q3 2021, Asia Pacific's Calcium Formate prices rose with increased building and infrastructure activities. Skyrocketing freight costs and limited material availability further influenced supply outlook.

Europe

In Q3 2021, European demand for Calcium Formate improved with construction sector growth. Leading manufacturers' improved supply outlook and increased demand for packaging materials influenced market dynamics.

What is Calcium Formate used for?

Kemiex is an all-in-one market information, purchasing and sales platform for animal and human nutrition raw materials. In the following series of articles, we will explain the functions and uses of products that can be found in the Kemiex marketplace. On this occasion, we are going to explain the benefits of Calcium Formate:

What is Calcium Formate used for?

Calcium Formate is a chemical compound with the formula Ca(HCOO)2. It is the calcium salt of formic acid and has a variety of applications. In the food industry, Calcium Formate is used as a food additive and a preservative. It is also used in the construction industry as a setting accelerator in cement and concrete formulations. Additionally, it is used as a feed additive for animals to improve their growth and health.

What are the main uses of Calcium Formate?

1. Food industry:

In the food industry, Calcium Formate is used as a food additive and preservative. It is used as a calcium supplement and a source of organic acid. It can also be used as a flavor enhancer, helping to improve the taste of certain foods. Additionally, Calcium Formate is used as a preservative to extend the shelf life of certain foods, particularly bread and baked goods.

2. Feed industry:

Calcium Formate is also used as a feed additive for animals, particularly swine and poultry. It is added to their feed to improve their growth and overall health. Calcium Formate helps to reduce the incidence of diarrhea and other digestive issues in animals, improving their overall well-being. It is also used as a source of dietary calcium, which is essential for healthy bone growth and development.

3. Construction industry:

One of the main applications of Calcium Formate is as a setting accelerator in the construction industry. It is used as an additive in cement and concrete formulations to accelerate the setting process, resulting in faster curing times. This helps to improve the strength and durability of concrete structures. Calcium Formate is also used as an anti-freezing agent for concrete, helping to prevent the formation of ice and improving the workability of the mixture in colder temperatures.

4. Leather tanning:

Calcium Formate is used in the leather industry as a pickling agent to remove hair and other impurities from animal hides. It also helps to preserve and soften the leather.

5. Drilling fluids:

Calcium Formate is used in oil and gas drilling fluids to control the pH and prevent the growth of microorganisms. It also helps to stabilize the viscosity of the drilling mud and reduce the friction and wear of the drilling equipment.

In summary, Calcium Formate is a versatile chemical compound that has a variety of applications in various industries. Its main uses include as a setting accelerator in cement and concrete formulations, as a food additive and preservative in the food industry, and as a feed additive for animals.

Where to buy bulk Calcium Formate and get market information?

In Kemiex, we offer a safe and private online environment to buy and sell raw materials for the Feed, Food, Vet and Pharma industries. We also offer market information such as Price Trends, Trade Flows and Market News for all the micro-ingredients of the mentioned industries.

Contact us to discuss your requirements of phosphoric acid price. Our experienced sales team can help you identify the options that best suit your needs.