Frac sand spot prices fell by 18% for Q2, says US Silica

By John Ollett
Published: Wednesday, 01 August 2012

Contract volumes stay strong; capacity expansions still on-track

Frac sand spot prices slid by 18% in comparison to Q1 this year while revenues rose for both its oil and gas business and its industrial specialities business, US Silica CEO Bryan Shinn told analysts.

Despite supply coming online from both US Silica and its competitors, US Silica’s contract customers...

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