Calcium Carbonate price have demonstrated mixed sentiments in the US market. The prices dropped in October and then improved at a slower pace owing to weak demand fundamentals. In the second half of Q4, the cost support from energy materials was limited in the region. The market players have informed us that the demand from the downstream food additive sector was moderate. The operating rate was stable, and there was sufficient availability of the product to cater to downstream inquiries. Furthermore, the drop in freight charges across the international market and increased container rates have resulted in an overcapacity situation, supporting the decline in the market value of Calcium Carbonate in December. Therefore, Calcium Carbonate Food Grade FOB US Gulf prices were observed to be hovering around USD 774 per ton at the end of the fourth quarter.
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