Barytes prices track higher on increased oil and gas exploration
12 January 2012
by Siobhan Lismore
Drilling grade, chemical, all up, while barytes out of India undergo correction
Keywords: barytes, drilling, China, India, prices, Andhra Pradesh Minerals Development Corp.
Some barytes prices have increased this week on the back of strong demand in all sectors, particularly for drilling.
A rise in activity worldwide has led to an increased demand for the oilfield mineral. According to Baker Hughes, the rig count increased in December by 12% year on year.
IM sources pegged the price of barytes...
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