North America

The Q2 calcium powder prices in the United States had a mixed pattern. In May, prices for all grades decreased by 1.18% and 1.13% for Calcium Citrate and Calcium Carbonate, respectively. This was due to a decrease in end-user demand and sufficient stock among market vendors. Additionally, destocking affected market sentiment negatively. However, in June, prices increased by 0.90% and 2.86% from May, driven by fewer inventories and strong demand from end-user industries. The consumer price index (CPI) showed a slight increase of 0.2% in June, indicating a slowdown in inflation compared to May. This can be attributed to interest rate hikes by the US Federal Reserve. Despite the drop in inflation, prices remain high, suggesting the possibility of further rate hikes in the third quarter. The US manufacturing PMI fell to 46.3 in June, indicating limited inventories at suppliers and slow delivery, which contributed to the upward trend in calcium powder prices.

Asia Pacific

In China, calcium powder prices exhibited a mixed pattern in Q2. In May, there was a decrease of 1.70% and 3.37% for calcium citrate and calcium carbonate, respectively. This decline was due to adequate supply in the market and weak demand. China's PMI stood at 48.8 in May, signaling a contraction in manufacturing activity and a decrease in production. However, in June, calcium powder prices increased by 1.30% and 2.33% from May. This was driven by a surge in demand from end users in the food and beverage, nutraceuticals, and pharmaceutical industries, along with fewer inventories among market participants. China's official PMI settled at 49.0 in June, reflecting a contraction in manufacturing activity. The increase in calcium powder prices can be attributed to some manufacturers reducing production to drive up prices.

Get Real Time Prices of Calcium Powder: https://www.chemanalyst.com/Pricing-data/calcium-powder-1245

Europe

In Germany, calcium powder market conditions were mixed during Q2. Prices initially decreased in May compared to April but increased again in June. The decrease in May was due to an oversupply of calcium powder and a decrease in demand from end-user industries. In June, the German Manufacturing PMI decreased to 43.2, indicating a decline in buying activity and new orders. Rising inflation and the European Central Bank's interest rate hike in June affected the German economy, leading to higher costs for food and energy. This subsequently increased the cost of business activities dependent on calcium powder. The Manufacturing PMI for June in Germany decreased to 41.0, indicating lower inventory levels and driving prices upwards. Market participants focused on restocking inventories, which kept the market situation positive.

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