Company results released this week showed the impact of higher pricing on profit margins once again.
Bentonite producer Amcol admitted that its leap in revenue from its oilfield services (24% growth year on year in Q1 2012) was down to higher selling prices.
Higher selling prices comprised roughly 78.3% of the increase in gross profit, the company added.
Bentonite prices were edged up in January this year, according to the IM database, with most...