Industrial Minerals


Barytes prices begin to firm

13 January 2010


Chinese rail reassignment gently begins to tighten supply; uptick in drilling rigs

Keywords: barytes, drilling fluids, barite, oil production

Barytes prices softened slightly in the last quarter of 2009, but this year prices are appearing to firm as demand is gently picking up in the North America.

 

Barytes are used widely in drilling fluids for deepwater wells, and the global oil and gas rig count crept upwards...