2021 is still a highly unusual year, Calcium Chloride market is also unpredictable. Since the beginning of June, the price of Calcium Chloride anhydrous, like a rocket launch, has gone up and up. There are occasional drops, but they are far behind the increase in price. The price is almost double that of previous years.
The main reasons are as follows:
1) Rising raw material prices are the main reason.
Hydrochloric acid, as one of the raw materials for the production of Calcium Chloride 95% anhydrous , has seen its price rise very high. Directly increase the production cost of anhydrous Calcium Chloride.
2) Environmental pressure
In order to protect the environment, many enterprises are not working properly, production is declining, and market supply is insufficient.
3) Rising sea freight
Sea freight prices continue to rise, not the highest, only higher.
4) Many enterprises stopped or reduced production .
As a product with low value and thin profit, if the profit is too high to meet orders, if the profit is too low, it will lose money because the sea freight cost rises. Exporters complain and producers collectively lose more than they earn.
Market outlook for the second half of 2021: To sum up, the price of anhydrous Calcium Chloride powder will continue to rise by the end of 2021.
Post time: Aug-31-2021