Price of drilling and paint barytes rise as activity continues
Published: Tuesday, 11 October 2011
Market looking for alternatives; traders accuse China of copying India bulls
Global supply of drilling grade barytes, a key weighting
agent used in drilling muds, is becoming increasingly strained
on the back of high drilling activity.
Supply of drilling grade barytes is becoming extremely
tight given the price of oil and increased drilling activity
worldwide. Demand has sharply increased in recent...