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Key Highlights:

• U.S. prices for calcium powder increased in September on account of increasing domestic production and tariff cost.
• Calcium powder import prices rose steadily with continued uncertainty in trade, yet PSS delayed and GRI pulled out.
• Freight carriers reduce prices to secure demand prior to China's Golden Week, advertising the promotion through Oct. 14.
• Export calcium powder prices increased despite trade tensions, driven by resilient demand in Europe and Southeast Asia.
• Market is still defensive, with future prices contingent upon U.S.-China trade and domestic production patterns.

The U.S. market for calcium powder experienced a notable change of around +3% in prices during September as both domestic production levels, trade, and changing global demand dynamics control the market. Although the price increase is partly due to the general economic pressures, analysts indicate that the increase is also correlated with changing patterns of trade, especially with China.

U.S. manufacturing activity inched upward in September, according to recent industry reports. But the expansion was weighed down by soft new orders, as factories continued to grapple with the lingering consequences of President Donald Trump's broad tariffs.

Despite this, the sustained pick-up in manufacturing activity has pushed demand for industry inputs up, such as calcium powder-one of the important inputs used in industries like drugs, food processing, and construction. Increasing domestic demand has propelled calcium powder prices upward, though experts mention that the recovery remains uneven.

The market for importation of calcium powder has been characterized by optimistic conservatism; prices pushed upward amid persistent uncertainty. Tensions in trade and rolling tariffs have caused importers trouble keeping ahead of costs, promoting a more conservative procurement attitude. The recent reprieve awarded in deferment of the Peak Season Surcharge (PSS)-a surcharge normally imposed during peak demand periods-through October 15 has been some salve. Additionally, the planned September 15 General Rate Increase (GRI) was canceled outright due to weaker than expected demand.

Carriers, experiencing slack demand, started cutting freight rates to encourage business, with some offering extended discounted rates to October 14. The move is designed to push shippers prior to China's Golden Week holiday when industry activity normally subsides.

Notably, while import prices of calcium powder have increased moderately, export prices of calcium powder have increased substantially. The trend defies the overall backdrop of trade policy uncertainty and indicates that international demand remains strong. Trade business analysts attribute the increase in export prices to the fact that port operations are smooth and there is good demand in markets like Southeast Asia and Europe, where calcium powder is in high demand for industrial and agricultural applications.

As the market heads into the fourth quarter of 2025, all players are taking a wait-and-see approach. The GRI withdrawal and the near-term suspension of the PSS are symptomatic of importers and carriers preparing for what they believe will be a slow demand climate. Yet some optimism comes in the form of the strength of export prices which indicates that demand for calcium powder remains robust in the face of trade policy challenges.