During the first quarter of 2023, the Fly Ash Prices in the United States witnessed a decrease in prices. This decline was mainly attributed to reduced demand from downstream industries, particularly the construction sector, which was grappling with a shortage of labor. The decrease in demand for construction products had a direct impact on Fly Ash prices. In February and March, the value of Fly Ash experienced respective declines of approximately 5% and 3%. The price decline during the final two months of the quarter was primarily influenced by the smooth and cost-effective importation of Fly Ash from Canada, Mexico, and China. These imports further influenced the prevailing price trends. However, in January 2023, the price of Fly Ash increased due to a rise in commodity prices in the global market, which affected the importation of the product into the country. As a result, by the end of the quarter, the price of Fly Ash in the US market stabilized at around USD 93 per metric ton.
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