AMPDC receives government mandate to adjust barytes prices

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Published: Friday, 01 September 2017

The Indian state-owned baryte producer will change its existing tender system and will review prices every six month, based on the input of external consultants.

The Andhra Pradesh Mineral Development Corporation (APMDC), has been mandated by local government to revise its barytes prices more regularly, in the wake of a weakening global market. 

Prices for the AMPDC’s barytes will now be reviewed on a six monthly basis, based on the recommendations of a third party,...

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