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During Q1 2023, the US market experienced a decline in the Calcium Chloride Prices, which was attributed to weakened demand from downstream industries, such as the construction industry. The shortage of labor in the USA played a significant role in this price decline, as it had a direct impact on the construction sector, leading to a reduction in demand for construction products. In January, February, and March, the value of Calcium Chloride decreased by around 7%, 5%, and 3%, respectively. The decline in prices during the first two months of the quarter was primarily due to a decrease in feedstock Ammonia prices, which fell by 7% and 4% across the USA, further influencing price trends. Ultimately, the price of Calcium Chloride in the US market at the end of the quarter hovered around USD 320/MT.
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