PRICING NOTICE: Proposal to launch frac sand price
Published: Monday, 20 August 2018
Industrial Minerals proposes to launch an assessment of the Wisconsin 20/40 mesh frac sand price.
Industrial Minerals is proposing the launch of a monthly
assessment of the price of Northern white frac sand, 20/40
mesh, API, ex-mine Wisconsin, under the following
Northern white frac sand, 20/40 mesh, API, ex-mine
Type: Assessed range
Frequency: Monthly, third Thursday of the month
Grade: API, 20/40 mesh
Currency: US dollars
Unit: Per short ton
Minimum lot size: 100 short tons
The launch of this price is intended to provide pricing
information for the frac sand market in the United States.
Industrial Minerals has identified rising demand for a
benchmark price for frac sand. Prices for frac sand vary widely
according to the location of origin, due to high logistics
costs, but sustained demand for coarse mesh sand from Wisconsin
means that this product is a key price factor for buyers, even
if they source other grades of sand from nearer to their
The consultation period to provide feedback on the proposed
launch of this price will end one month from the date of this
pricing notice, on September 20, with the price being launched
on the same day if successful.
To provide feedback on this price, or if you would like to
provide price information by becoming a data submitter, please
contact William Clarke by email at: firstname.lastname@example.org. Please
add the subject heading FAO: William Clarke, re: frac sand.
To see all Industrial Minerals’ pricing
methodology and specification documents, go to http://www.indmin.com/Methodology.html.