Fly Ash Prices Trend | Pricing | Database | Index | News | Chart
North America
In the first quarter, Fly Ash prices initially decreased in January due to a range of influencing factors. The Arctic Blast of January caused extreme cold temperatures and significant disruptions across industries in the US, including a temporary closure of the Port of Houston—a key shipping hub for Fly Ash. This disruption led to increased demand and limited supply, driving prices up.
As the quarter progressed, prices declined due to a return to normal weather conditions and a decrease in freight charges. Despite this, the US market benefited from cheaper imports and some merchants stocked up on Fly Ash due to disruptions in ocean routes, leading to scarcity.
The normalization of supply chains and sufficient stock levels at vendors contributed to quicker deliveries and market stability. Additionally, increased confidence from construction companies in recent industry developments helped support the market.
Get Real Time Prices for Fly Ash: https://www.chemanalyst.com/Pricing-data/fly-ash-1459
APAC
In Q1 2024, Fly Ash prices in the APAC region, particularly in China, experienced fluctuations with a downward trend. The market in China was bearish, primarily due to weakened demand from the downstream construction sector. Although there was an increase in thermal power generation, overall market demand showed seasonal weakening, leading to a gradual decline in Fly Ash prices. Oversupply in the market exacerbated this price decrease.
The Fly Ash industry struggled to address the demand gap created by the downturn in the real estate sector, despite some increases in investment and major construction projects. Local funding conditions in China were average, further impacting market demand. The final price for Fly Ash FOB Shanghai in China for the quarter was USD 16/MT, reflecting the overall bearish trend and market dynamics.
Europe
In the first quarter of 2024, Fly Ash pricing dynamics in Europe were influenced by various factors, with a generally bearish trend. The market in Germany experienced notable fluctuations, driven by a decline and uncertainty in the construction sector. The construction Purchasing Managers’ Index (PMI) remained below the threshold, indicating a sluggish trend.
The global economic environment, inflation, and project postponements further dampened demand in the construction and cement sectors. At the end of the quarter, new orders continued to decline sharply, hindered by stringent financial conditions, high prices, and market ambiguity. Employment and purchasing activity among constructors also showed a faster decline in March compared to February. The housing sector saw a significant and accelerated decline in output, while commercial project work decreased at the slowest rate in five months. Civil engineering activity also showed renewed weakness.
Overall, the subdued sector conditions led to stagnant demand for Fly Ash.
Get Real Time Prices for Fly Ash: https://www.chemanalyst.com/Pricing-data/fly-ash-1459
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