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...