Indian barite prices steady as Andhra Pradesh tender stumbles
Published: Wednesday, 08 April 2015
The APMDC tender to mine barite in the southwest Indian state has so far not received any bids, as local exporters complain that floor prices are too high and that the conditions of the tender are impractical. International market sources have however confirmed that prices are within published ranges.
Prices for Indian
(barytes) have been confirmed as stable within IM’s
current ranges, despite ructions in Andhra Pradesh over
government-published prices for the oilfield mineral, which
many claim make exports from the state too expensive and are
putting off buyers.