
Gypsum industry news
Russian gypsum wallboard market to hit 250MM2 in 2017
16 November 2017Russia: The gypsum wallboard market is expected be 250Mm2 in 2017, according to the Stroitelnaya Informazia agency. The market has fallen by 20% since 2013 due to a fall in demand. Consumption has since stabilised and the market is estimated to fall by up to 2% in 2017.
USGS: 24.6Mt of gypsum consumed in US in 2012
08 March 2013US: The United States Geological Survey (USGS) has released data regarding gypsum production and consumption in the United States during 2012. This shows that a total of 9.9Mt of crude gypsum, 11.8Mt of synthetic gypsum and 12.1Mt of calcined gypsum was produced during the year. In 2011 the totals were 8.9Mt (crude), 11.8Mt (synthetic) and 11.9Mt (crude). Total consumption came to 24.6Mt, a 3.8% rise from 2011 when the country consumed 23.7Mt.
The leading crude gypsum-producing States were, in descending order, Oklahoma, Texas, Iowa, Nevada, and California, which together accounted for 58% of total output. Overall, 47 companies produced gypsum in 34 states and around 90% of all gypsum was used in wallboard and plaster production. Around 12% of the gypsum consumed was imported.
The USGS pointed to increased construction activity as the main driver of the increased demand, consumption (up 4%) and production (up 11%) of gypsum in the US in 2012. The average price of gypsum remained static at ~US$7/t crude (at mine) and ~US$30/t calcined (at plant). The USGS added that the US gypsum wallboard capacity in 2012 was in the region of 33Bn ft2 (3.07Bn m2).
Positive news from housing start figures
22 December 2011US: November 2011 saw more home starts in the US than any month since April 2010. The surge was reportedly led by an increase in multifamily units. The gypsum industry will be watching to see if the trend continues for December 2011, which might finally signify an upturn in demand for wallboard.
Starts increased by 9.3% to a 685,000 annual rate. Building permits, a sign for future construction, also climbed to a year-high. As well as multifamily homes, typified by apartments, demand for single-family-homes may also be increasing. A drop in house prices and low borrowing costs is thought to be the reason for the increase in demand.
"For months we've been flagging the strength in multifamily construction, but now we're starting to get signs that single-family is pulling itself off the canvas," said Brian Jones from Société Générale in New York.