Metakaolin Prices Trend and Forecast

Description

During the initial two months of the first quarter of 2023, there was an increase in the Metakaolin Prices. The primary reason for this price increase was the strong demand for the product from countries overseas, including France, Germany, and the UK. Meanwhile, the demand from the downstream construction industry remained stable during this period. However, in the third month of the quarter, the prices of Metakaolin experienced a decrease in the US market. This decline was attributed to the abundant availability of the product in the international market and the lower demand from the downstream construction industry. The construction industry in the region had a moderate performance during the first quarter of 2023 and was primarily affected by labor shortages and crises in US banks.

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