Barite prices bottom out after long decline
Published: Friday, 24 June 2016
Following 18 months of steady price declines, industry participants believe that barite prices have bottomed out, sustained by oil prices of $50/bbl.
Barite (baryte) prices have recently been revised down once
again but industry participants believe the market has now
According to one IM source, freight
reductions and some Chinese market softening has resulted in a
slight weakening in material from China.
However, overall prices for the mineral –