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July 24th, 2024

Metakaolin Prices Trend | Pricing | Database | Index | News | Chart

North America

The North American Metakaolin market saw continued high demand and rising prices throughout the first quarter of 2024. Strong demand from the cement sector was driven by stabilizing mortgage rates and the approach of the spring home-buying season.

The robust housing market, characterized by the completion of new housing projects and a persistent shortage of second-hand homes, fueled this demand. House sales, including outlays and commercial activities, expanded steadily, with overall housing inventory diminishing. Realtors became particularly active in February and March 2024, leading to increased cement consumption and price hikes.

Commercial activities also saw growth, evidenced by numerous renovations among major US hotel chains. Despite typically slower construction activity at the start of the year and challenging weather conditions impacting transportation and logistics, the US Metakaolin market experienced increased lead times for deliveries.

Get Real Time Prices for Metakaolin: https://www.chemanalyst.com/Pricing-data/metakaolin-1121

Asia

In the first quarter of 2024, Metakaolin prices in the Asian market increased by approximately 2%, despite underperformance in the construction sector. The market was mainly driven by the limited availability of feedstock Kaolin Clay due to challenging weather conditions in North China. This resulted in reduced mining activities and limited Kaolin Clay supply, leading to moderate Metakaolin production.

Support for the Asian Metakaolin market came from healthy transactions in the downstream ceramic industry during the Chinese Lunar New Year festive season. However, demand from the downstream cement sector remained low as cement production and exports from China declined throughout the quarter. With predominantly challenging weather conditions, construction activities in China struggled to gain momentum. Post-festive demand from the ceramic industry also faded, offering little support from the demand side.

Europe

The European Metakaolin market saw a price appreciation of approximately 1% in the first quarter of 2024. The market was largely influenced by supply chain disruptions caused by strikes from union workers demanding higher wages. This led to limited functionality in railways and trucking, increasing lead times for deliveries.

Demand remained moderate across the Eurozone, primarily in the Dutch, Belgian, and British markets where construction activities improved. However, in Germany, demand conditions were unfavorable as the construction sector remained in retrenchment for the fifteenth consecutive month. All segments of the construction sector, including residential, commercial, and civil engineering, experienced significant contraction towards the end of March 2024. Declining residential permits and a pessimistic outlook in real estate continued to cast a negative sentiment on investment prospects.

Get Real Time Prices for Metakaolin: https://www.chemanalyst.com/Pricing-data/metakaolin-1121

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