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Fastmarkets will discontinue publication of the Wyoming bentonite price with effect from Tuesday March 16.
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Fastmarkets proposes to discontinue its assessment of the price for Wyoming bentonite due to low volatility and the grade’s lack of relevance to the global drilling mud market.
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Fastmarkets opened a consultation on September 1, 2020, inviting feedback on its industrial minerals methodology in line with our annual methodology review process.
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Fastmarkets is inviting feedback from the industry on its pricing methodology for its industrial minerals, as part of its annual methodology review process and compliance with the International Organization of Securities Commissions (IOSCO) principles for PRAs.
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Rock bottom oil prices have hit demand for minerals used in drilling, including barite, bentonite and frac sand.
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Oil drilling activity in the United States has fallen sharply with the price of the commodity tumbling, which will in turn sap the demand for frac sand and other oilfield minerals.
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View the Fastmarkets holiday pricing schedule for 2020 and 2021.
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Beginning in 2020, Fastmarkets will review its pricing methodologies and price specifications across all its Price Reporting Agency (PRA) divisions - Metals & Mining and Forest Products - on an annual basis rather than twice per year.
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Certain Fastmarkets prices will be rolled over between December 25 and January 1 in observance of the Christmas and New Year holidays.
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IM's monthly price movements.
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IM's monthly price movements.
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IM's monthly price movements.
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Industrial Minerals will be closed from December 25 until January 1 in observance of the Christmas and New Year holidays.
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IM's monthly price movements.
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With China shut for the golden week holiday between 1-8 October, business across many industrial minerals remained very quiet. But environmental restrictions in the country continue to disrupt production in many minerals.
Graphite prices in Europe spike amid output crimp and rising demand; Fused alumina producing region in Henan province have enforced mass shutdowns from November onwards; and with the draconian anti-pollution measures and related shutdowns showing no sign of abating, a number of buyers are also anticipating higher raw material costs in 2018.
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Industrial Minerals has delisted a number of bentonite prices and changed the assessment frequency of its remaining grade.
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IM's monthly price movements.
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Graphite prices rise again; magnesia up as environmental back on Lioaning; iodine increases; antimony trioxide stays unchanged in midsummer; Industrial Minerals proposes to delist barytes and bentonite grades; fluorspar drops; ICL and APC conclude potash supply contracts with India.
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Industrial Minerals proposes to delist 14 bentonite prices in end-September, and revise the frequency of assessment of one grade from weekly to monthly.
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IM's monthly price movements.
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IM's monthly price movements.
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The publication of Industrial Minerals’ price assessments will be affected by the Christmas holidays.
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Supply disruption in China fails to lift bauxite and brown fused alumina prices; chromite sees an increase in buying activity in China; Indian potash contracts signed at lower y-o-y levels.
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Prices for ceramic materials minerals and fluorspar down as rare earths experience slight increase.
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North American suppliers take a hit from weakness in oilfield and foundry markets.
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Bentonite balances while frac sand prices topple; India agrees to pay more for North American potash.
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Diversified end markets shield swelling clay from oilfield volatility, despite pressure for discounts.
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Fused alumina on the slow burn; bentonite stable despite oil price decline.
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Suppliers of drilling clay mineral stand firm over offers as buyers push for cheaper deals.
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Imerys' acquisition of Greece's S&B has now drawn a line under its search for a bentonite producer. The group had previously shown an interest in US bentonite producer, AMCOL.
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Railcar availability puts breaks on bentonite while FMC raises price of lithium hydroxide
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Capacity challenges for pulverised Wyoming material could lead to value increases in near term
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Drilling grade bentonite narrows up while zircon prices may have turned a corner for 2014
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Slight rises as drilling activity picks up curbed by ready availability of material
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Static situation carries over from Q4 2013, disappointing expectations
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Bentonite, fluorspar and graphite stagnate while Lynas sticks to guns on lanthanum
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Sources indicate increases are likely in 2014; others say prices will remain flat
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Rio and Vale set tone for troubled times in mineral pricing
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Chinese minerals antimony trioxide and zircon look shaky while potash strengthens
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Bentonite producer Oil-Dri blames transport costs for increasing prices
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With bearish headlines flashing across screens this month it would be logical to come to the conclusion that all markets, minerals ones included, were failing.
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Market source blames increasing cost pressure on sought-after oilfield mineral
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Chinese New Year blamed for lull, increased cost pressures to up bentonite, MIO
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Chinese metspar, graphite, barytes and bentonite increase, rare earths soften
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Sources cite rising costs, strong demand and transportation issues as drivers
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Wyoming bentonite producers warn prices could increase as freight woes weigh
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Wyoming producers “turning down customers”; floods hit rail transport
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Demand for bentonite strong but supply chain issues causing bottlenecks
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European distributer says North Sea tax, fuel surcharge, could affect imports levels
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Mineral prices on the rise across the board; rare earths surge on China quota cuts
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