PRICING NOTICE: Proposal to launch Mexican barite prices

By William Clarke
Published: Monday, 20 January 2020

Fastmarkets proposes to launch a new barite price: barite, SG 3.8, unground lump, bulk, ex-mine Mexico, $/tonne

After initial consultation with the market, Fastmarkets proposes to launch a new Mexican barite price to reflect the size of this origin, and the prevalence of Mexican barite in the US onshore drilling market.

The proposed price specification will be:

Barite SG 3.8, unground lump, bulk, ex-mine Mexico, $/tonne

Quality: SG 3.8  unground lump

Quantity: 1000 tonnes minimum

Location: Ex-mine Mexico 

Timing: Spot

Unit: $/tonne

Payment terms: within 1 month 

Publication: Monthly, last Thursday of every month, 4pm London Time

The consultation period for this proposed amendment will end one month from the date of this pricing notice, on February 20, with changes taking place, subject to market feedback, from March 20. 

To provide feedback on this price or if you would like to provide price information by becoming a data submitter to this price, please contact William Clarke by email at: pricing@fastmarkets.com. Please add the subject heading FAO: William Clarke, re: barite. To see all Fastmarkets’ pricing methodology and specification documents go to https://www.fastmarkets.com/about-us/methodology.



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