Quicklime prices experienced fluctuations across major global markets in Q4 2024, influenced by shifts in construction demand, real estate trends, and government policies. While China saw an initial decline due to weak infrastructure activity, stabilisation efforts helped prices recover towards the year’s end. Europe faced minor fluctuations, with economic concerns keeping prices in check, while the U.S. market struggled against weak demand and competition from lower-cost imports.
In China, quicklime prices declined in October due to delays in infrastructure projects and a slowdown in construction, dropping to 127 USD/MT. By November, falling cement production and sluggish real estate sales pushed prices further down to 121 USD/MT. However, government measures to support manufacturing helped lift prices to 139 USD/MT in December. While international demand remained weak, domestic supply stayed steady, reflecting a cautious market balance.
The Netherlands saw a relatively stable quicklime price trend, with fluctuations driven by raw material costs and economic uncertainty. A brief price increase in October was countered by a dip in November as weak infrastructure activity slowed demand. By December, the market adjusted downward, with prices reaching 161 USD/MT, influenced by oversupply and economic headwinds. Despite these shifts, the Dutch market maintained overall price stability, mirroring trends seen across other European countries.
In the U.S., quicklime prices saw significant pressure from weak demand, rising imports from China, and high interest rates. A decline in sales within the cement and construction sectors led to price drops in October and November. The influx of cheaper Chinese imports and reduced freight costs further squeezed market pricing. By December, prices stabilised at 124 USD/MT, though purchasing activity remained subdued as elevated borrowing costs discouraged new orders heading into 2025.
These trends highlight the global quicklime market’s sensitivity to macroeconomic factors, from government policy interventions to shifting industrial demand. As 2025 begins, investors and industry stakeholders will closely watch how construction activity, raw material costs, and international trade flows shape pricing trends.
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