Calcium Carbide Price Trend and Forecast

Regional Price Overview

Get the latest insights on price movement and trend analysis of Calcium Carbide in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

For the First Quarter of 2022

Asia

The Asian calcium carbide market entered a downward trend, with manufacturer quotations falling by 25.2 percent in China in Q1 2022 and similar drops in other Asian countries. This drop in China was prompted by the Chinese government's relentless attempts to reduce power rationing, which resulted in higher production rates in China's manufacturing facilities, reducing the supply-demand gap.

During February, prices in India were seen hovering at 821-875 USD/MT CFR Kolkata. The COVID-19 closure in China resulted in lower output, higher supply rates, and more stockpiles, resulting in lower calcium carbide pricing.

Europe

During the first quarter of 2022, Europe witnessed a drop in calcium carbide market sentiments, with prices starting at 940 USD/MT FD Hamburg in January and hovering around 899-959 USD/MT FD Hamburg in Germany during February. Due to supply chain interruption and a power outage, Q1 Germany saw a 6.7 percent drop in sales compared to the prior quarter last year. The demand for downstream PVC, cannons, lamps, and headlights declined, resulting in a decrease in calcium carbide prices.

North America

Despite an improvement in the supply-demand imbalance, market sentiment for calcium carbide in the North American region remained depressed throughout the fourth quarter of 2021. This improvement could be linked to improved post-hurricane season output rates at manufacturing plants in the United States.

The LME and worldwide markets for mining metals and chemicals, on the other hand, witnessed large drops. As a result, the offers were constantly dropping, and FOB Midwest (USA) negotiations for calcium carbide powder fell by 7.37 percent during the quarter, with prices finalised at 1130 USD/MT in December.

For the Fourth Quarter fo 2021

Asia

After reaching a new high in the fourth quarter of 2021, the Asian calcium carbide market declined. High rates and limited availability of freight vessels in the region imposed disproportionate cost support in the exported volumes, despite strong demand from the downstream PVC manufacturing sector.

The Chinese government's ongoing efforts to minimise electricity rationing have increased operational loads in the domestic market. As a result of the ripple effect, the offers for calcium carbide were resolved at 978 USD/MT in the fourth quarter.

Europe

Throughout the fourth quarter of 2021, the European calcium carbide market remained buoyant. This shift in market sentiment can be related to Europe's prolonged energy crisis, which has resulted in lower production rates at manufacturing plants. As a result, international prices for mining metals and chemicals have been cut. As a result of the increased demand from the downstream industry, calcium carbide prices remained buoyant during the fourth quarter of 2021.

North America

Despite an improvement in the supply-demand imbalance, market sentiment for calcium carbide in the North American region remained depressed throughout the fourth quarter of 2021. This improvement can be linked to improved post-hurricane season output rates at manufacturing plants in the United States.

The LME and worldwide markets for mining metals and chemicals, on the other hand, have seen large drops. As a result, the offers were constantly dropped, and FOB Midwest (USA) negotiations for calcium carbide powder fell by 7.37 percent during the quarter, with prices finalised at 1130 USD/MT in December.

Procurement Resource provides latest prices of Calcium Carbide. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.