Calcium Chloride Prices: In the second quarter of 2023 | ChemAnalyst
For the Quarter Ending June 2023 North America: During the second quarter of 2023, the calcium chloride market in the United States exhibited mixed sentiments. In the early weeks of April, calcium chloride prices saw a 2.1% increase, primarily driven by a rise in crude oil prices, which moved from USD 74 to 79 within the first week of April. Furthermore, increased demand emerged from the downstream construction industry, as Limestone prices also surged by 2%. Adequate supply levels were maintained to meet both domestic and international market demands. However, as May and June unfolded, the price of calcium chloride adopted a bearish stance due to diminishing demand in the downstream construction sector. Market sentiments remained subdued, with investors anticipating another interest rate hike by the US Federal Reserve, contributing to economic uncertainty. Additionally, as the US transitioned into the summer season, the de-icing industries reduced their consumption of calci...