Calcium Carbide price February 2024 and outlook (see chart below)

  • North America:US$1.39/KG, -1.4% down
  • Europe:US$1.2/KG, -0.8% down
  • Northeast Asia:US$0.41/KG, unchanged
  • South America:US$0.77/KG, unchanged
The chart below summarizes Calcium Carbide price trend per region, as well as the outlook. It takes a moment to load.

Business Analytiq assumes no responsibility or liability for any errors or omissions in the content of this site. The information contained in this site is provided on an “as is” basis with no guarantees of completeness, accuracy, usefulness, fitness for purpose or timeliness.ccant to remove moisture from air and gases. It is often used in the production of electronic devices to prevent damage from moisture.

 

Calcium Carbide China price index

This post is a summary of the Calcium carbide price developments. The price developments of Calcium carbide are expressed in US$ prices converted FX rates applicable at the time when the price was valid. Calcium carbide price index developments are calculated from multiple separate sources of data to ensure statistical accuracy.

The outlook for Calcium carbide prices, on the second tab, is generated from different inputs including:

  • Very recent price developments of immediate cost drivers of Calcium carbide prices
  • Recent price developments of underlying feedstocks which drive the price of Calcium carbide
  • Market futures for both cost drives and feedstocks of Calcium carbide prices
  • Adjustment of current supply/demand imbalances in the Calcium carbide market
  • Longer term trends in likely demand conditions

Further information on the Calcium Carbide price index

 

What is calcium carbide

Calcium carbide is a chemical compound with the formula CaC2. It is a grayish-white solid that is highly reactive and produces acetylene gas when it reacts with water.

Calcium carbide has a number of important industrial uses. It is used to produce acetylene gas, which is a raw material for the production of a variety of chemicals such as acetic acid, ethylene, and other polymers. Calcium carbide is also used as a reducing agent in the production of certain metals, and it is used in the manufacture of iron and steel.

In addition to its industrial uses, calcium carbide has a number of other applications. It is used as a desiccant to remove moisture from air and gases, and it is used in the production of explosives and fireworks. Calcium carbide is also used as a ripening agent for fruits, and it is used in the production of acetylene gas for welding and cutting torches.

 

How is calcium carbide produced

Calcium carbide is produced by the reaction of calcium oxide (lime) with carbon, typically in the form of coke. The reaction takes place in an electric arc furnace at a temperature of about 2,200 degrees Celsius.

 

What is calcium carbide used for

Calcium carbide is used for a number of purposes, including:

Production of acetylene gas

Calcium carbide is used to produce acetylene gas, which is a raw material for the production of a variety of chemicals such as acetic acid, ethylene, and other polymers. Acetylene gas is also used as a fuel in welding and cutting torches, and it is used in the production of certain types of plastics.

Reducing agent

Calcium carbide is used as a reducing agent in the production of certain metals, such as aluminum, titanium, and zirconium. It is also used in the production of iron and steel.

Desiccant

Calcium carbide is used as a desiccant to remove moisture from air and gases. It is often used in the production of electronic devices to prevent damage from moisture.

Explosives and fireworks

Calcium carbide is used in the production of explosives and fireworks. When it reacts with water, it produces acetylene gas, which can be used as a fuel in pyrotechnic mixtures.

Ripening agent

Calcium carbide is used as a ripening agent for fruits. It is often used to speed up the ripening process of bananas, mangoes, and other types of fruit.

Other uses

Calcium carbide is also used in the production of insecticides, pesticides, and herbicides, and it is used in the manufacture of certain types of rubber. It is also used as a flux in the production of certain types of glass.

 

What is the calcium carbide market size

It is difficult to quantify the size of the calcium carbide market with precision, as it depends on various factors such as global demand for chemicals and other products that contain calcium carbide, the availability and price of raw materials, and regional differences in production and consumption. However, calcium carbide is a widely used chemical, and the market for this compound is likely to be quite large.

According to a report by Mordor Intelligence, the global calcium carbide market was valued at around $2.7 billion in 2020, and it is expected to grow at a compound annual growth rate of 5.3% between 2021 and 2026. The report notes that the increasing demand for acetylene gas, which is a major end-use product of calcium carbide, is a major driver of the market growth. Other factors contributing to the growth of the calcium carbide market include the increasing demand for metals and steel, and the growing use of calcium carbide as a desiccant and a ripening agent.

According to https://oec.world/ :

Calcium carbide are the world’s 3531st most traded product.

In 2020, the top exporters of Calcium carbide were China ($68.8M), Slovakia ($40.6M), Austria ($18M), Kazakhstan ($16.5M), and Germany ($11.4M).

In 2020, the top importers of Calcium carbide were India ($23.1M), France ($16M), Russia ($15.7M), Germany ($10.9M), and Canada ($9.52M).

Further information

 

 

Business Analytiq

BE THE FIRST TO SEE RISK AND OPPORTUNITY!

BusinessAnalytiq provides unlimited market trend data and an online tools to track market developments, key benchmarks & leading indicators.

BusinessAnalytiq leads to price visibility, better negotiations, easier budgeting and forecasting, lower raw material prices, and improved better internal and external communication. BusinessAnalytiq will decrease risk and higher profit.

businessanalytiq

Where does the data come from?

  • The source of the data are exclusively public non-confidential sources. We have no access to primary data
  • This the index trend of the price trend of the "product category" in general, and not a single specification of the product in particular
  • The data is a combination of contract and spot pricing
  • Our algorithms are set up to eliminate significant product mix impact on the reported price
  • We combine public publications, import/export records, trading prices, company announcements, magazine articles, tweets, and other sources of ad-hoc public information.
  • The chart shows the our best approximation of the market trend based on our algorithm interpretation of the signals
  • For most indexes we have multiple sources and we focus on using statistically-correlated sources
  • As a function of our automation, it is likely that recent trends will be adjusted as we discover more information. So, for example, the price trend for February 2024 will be first calculated in February 2024 and adjusted in March, April and May 2024.
  • We will update the data trend as more information becomes available, and this means that recent trends will always be adjusted as we get more data available
  • The algorithm will regularly revise our understanding of market trends, and indicated market trends may change
  • The data is presented in US$. The UOM of measure is shown in the Index list table
  • Our automated software and we do our best to create an accurate representation of the trend

 

Where does the data NOT come from?

  • We do not purchase data from any other source and republish it.
  • We will not purchase data from any other source and republish it
  • We do not extrapolate trends, even for the forecast. We look for other market signals and leading indicators

 

What data should our company use?

  • If you are making decisions driving significant share of profit, we always recommend that you buy data from the companies who invest in direct primary market access such as ICIS, amongst many others
  • Our data, at best, represents an estimate of the market trend based on public information
  • We have no direct access to the market, and we do not interview suppliers and customers
  • Our automated analysis tools in the online software are set up to combine our data with other sources of data
  • We do not recommend that you use our data for direct price mechanisms, as we may change and improve the data trends over time, including historical data

 

What does the quality indication in the main menu mean?

  • Quality level A: Data is from a reliable and confirmed source
  • Quality level B: Data is from multiple credible sources and there are no major statistical inconsistencies between them
  • Quality level C: Data is from multiple credible sources and there are some statistical inconsistencies between them
  • Quality level D: Data is from a single credible source, but we cannot verify the data
  • Quality level E: Data is either:
    • From a single source, which we consider reliable, but we cannot verify the data.
    • From 2 or more sources which have some periods of contradicting trends.
  • Quality level F: Data is from a single source which we consider indicatively correct, but the data is anecdotal and we cannot verify the data.

 

What are the disclaimers?

  • We assume no responsibility or liability for any errors or omissions in the content of this site.
  • The information is provided on an “as is” basis with no guarantee of completeness, accuracy, usefulness, fitness for purpose or timeliness.
  • By their nature, outlooks are always uncertain

 

How often do we update the data?

  • We aim to update the data series on the 9th and 24th of each month (but we do not always make it for each chart)
  • The data for the current month and recent history are fine-tuned over time.

 

What are we doing to improve the data?

  • We are continually improving our data collection and processing methods
  • Pricing data will be updated from time to time as we improve the accuracy
  • We are reviewing all data sources in the first half of 2024.
    • There will be continuous fine-tuning of the trend and forecast algorithm as part of that.
    • The key focus in 2024 is to add many additional indexes

 

How can i give feedback on the data or request for new indexes

  • Feel free to contact us if you have a specific request. You can reach us via the Contact us page