Calcium Stearate Price Trend and Forecast

Calcium Stearate Regional Price Overview

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

Calcium Stearate Price Trend for the Q1 of 2024

Asia

The weak downstream demand created a pessimistic outlook for calcium stearate prices in China during Q1 2024. Traders were concerned and adopted flexible selling strategies in response to the changing dynamics of the market. The overall trading environment was negatively impacted by a decrease in export volumes due to escalating tensions between Israel and Hamas, which disrupted the Red Sea route. Suppliers occasionally lowered prices to stimulate orders, but this strategy yielded limited results and had minimal impact on overall price stability.
 

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Additionally, the cost of raw materials also remained low, significantly affecting the pricing trend of calcium stearate. The downstream industries were also affected by adverse weather conditions, leading to sluggish market momentum and high inventory levels among domestic calcium stearate manufacturers.

Europe

In the early part of the first quarter, European countries saw a slow and gradual improvement in industrial activities. The downstream sectors, previously hampered by rising inflation and interest rates, stabilized and supported a stagnant trend in calcium stearate pricing. However, the trading community reduced profit margins due to falling trading activities and the import of expensive calcium stearate, escalated by the blockage of the Red Sea route and rerouting of Asian shipments via the Cape of Good Hope. This rerouting increased freight charges and delivery times significantly, limiting the growth potential of the calcium stearate market.

North America

The US calcium stearate market experienced a downturn due to high inventory levels, prompting manufacturers to reduce their price quotations. However, stable production costs were maintained due to consistent natural gas prices. Reduced downstream inquiries led traders to engage in destocking activities. Despite declining raw material prices, particularly soda ash, demand from the de-icing industry remained strong, indicating an expansion in the manufacturing sector. The stability in prices of other raw materials further contributed to saturated production costs, resulting in a slow decline in calcium stearate prices.

Analyst Insight

According to Procurement Resource, the price trend of Calcium Stearate is estimated to continue its downward trail as the key drivers of the market are likely to assert only limited support for the market.

Procurement Resource provides latest prices of Calcium Stearate. 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.