Perlite prices will rise between 5-10% in the coming months, driven by increased costs, inflation and strong demand, industry sources told IM.
Last week, Nevada-based EP Minerals LLC said it will implement a 7-10% price increase across all grades of perlite on 1 October 2011.
The group said that the increase is necessary to offset inflationary pressures particularly in the areas of regulatory compliance, taxes and benefits, mining and hauling, freight and logistics.
The company hinted to IM that...