Shanghai (China): In February xxxx, the Chinese domestic Calcium Formate market witnessed a subdued trajectory marked by minimal price variations and sluggish trading activities during the Lunar New Year. The market&#xx;s low-price dynamics were also influenced by weak cost support from feedstock formic acid. Moreover, the demand for Calcium Formate in downstream sectors, notably in the concrete sector, remained constrained, mirroring the slower growth observed in the Chinese construction sector.
The downstream industries of Calcium Formate, notably the property and construction sectors, play vital roles in its market dynamics. In xxxx, there was a x.xx decrease in the added value of the property sector, leading to repercussions in associated industries, especially downstream construction. Projections from the International Monetary Fund (IMF) indicate a substantial xxx drop in new housing demand in China over the next decade, further influencing the Calcium Formate prices.
Notably, in January...
