PRICING NOTICE: Discontinuation of Wyoming bentonite price
Published: Monday, 15 March 2021
Fastmarkets will discontinue publication of the Wyoming bentonite price with effect from Tuesday March 16.
The price assessment being discontinued is the
MB-BEN-0003 Bentonite (all grades), crude,
bulk, rail hopper cars, exw Wyoming, $ per short
Quality: Crude, bulk
Quantity: Min 100 short tons
Location: Ex-works Wyoming, US
Unit: $ per short ton
Payment terms: Within 30 days
Publication: Last Thursday of every month
Notes: Bulk rail hopper cars
Feedback from market participants indicated that there
was little need for a Wyoming bentonite price, given the wide
range of alternative muds in the onshore US drilling market,
and the range of other bentonite sources in the global
The low-value, high-volume nature of Wyoming bentonite
meant that prices paid by drillers were not closely correlated
to the ex-works price.
In addition, bentonite prices have shown low
volatility compared with other drilling inputs.
Fastmarkets will continue to cover oilfield mineral
markets with its range of barite and frac sand
If you have any comment on the discontinuation of this
price, please contact William Clarke by email at: email@example.com.
Please add the subject heading 'FAO: William Clarke, re:
To see all Fastmarkets’ pricing
methodology and specification documents, go to https://www.fastmarkets.com/about-us/methodology.