The European Quicklime market experienced a significant price increase in June, despite a sufficient supply and moderate demand. This price surge is occurring against the backdrop of a persistently weak downstream construction sector. Although the construction index has shown a slight rise, driven by less pessimistic expectations, a lack of orders continues to be a major issue, reflecting the ongoing struggles within the industry. The upward price trend for Quicklime is significantly influenced by escalating global logistics costs. Expensive logistics have become a notable factor in the market, driven by multiple global disruptions. The ongoing conflict in the Red Sea region has led to substantial congestion at key ports in the Mediterranean and Asia, further complicating supply chains. This situation is exacerbated by equipment shortages and shippers frontloading imports ahead of the anticipated Qx peak season. Consequently, the ocean freight container shipping system remains under severe pressure,...
