Commodities Watch
Material: Gypsum
Highlights
- Gypsum prices rose 1.8% in June compared to May, and 8.4% compared to February, according to the Bureau of Labor Statistics’ Producer Price Index.
- Gypsum extraction (mining of calcium sulfate) dropped 6% in April 2010, but was 8% higher than the previous April’s output, says the U.S. Geological Survey.
- About 88% of domestic gypsum production is for wallboard and plaster products used primarily in construction.
- Output of gypsum wallboard has fallen 47% since 2006, to 18,500 million square feet in 2009 (the last year reported by the USGS).
- Synthetic gypsum accounts for 41% of total domestic supply.
- Mexico provides 58% of the gypsum wallboard imported into the U.S.; imports from China (the world’s leading producer) have ceased though were only about 1% in 2004-06.
- Approximately 4 million tons of gypsum waste is generated annually by manufacturing and building construction/demolition; it is increasingly recycled primarily into agricultural uses and new wallboard.
Read More:
- U.S. Geological Survey: http://minerals.usgs.gov/minerals/
Material: Cement
Highlights
- Concrete prices have remained fairly stable through 2010, dropping less than 1% through June, and actually showing positive growth in May, according to the Bureau of Labor Statistics; however, prices are 2.1% less than they were the same time a year ago.
- The U.S. produced 72 million tons of Portland cement and masonry cement in 2009, according to the U.S. Geological Survey, representing a 28% decline since 2005.
- By the end of 2009, 14 cement manufacturing plants had closed, several were idled with full silos, and only three new plants had opened.
- Plant-level reporting of carbon dioxide emissions from production became mandatory in 2010.
- The U.S. is the third-largest producer of cement, representing 26% of the world’s total. China’s market share is 50%.
Quote:
"The use of byproducts [such as fly ash and blast furnace slag] in concrete diverts 15 million metric tons a year of such waste materials from landfills [and] reduces the CO2 embodied in concrete by as much as 70%."—from greenconcrete.info
Read More:
- U.S. Geological Survey: http://minerals.usgs.gov/minerals/
- Portland Cement Association: www.cement.org

