barite price sep 2020

barite price sep 2020

Oct 20, 2020 As active rigs dropped in early 2020, prices slightly decreased. With fewer wells being drilled in the remainder of 2020, the amount of barite needed will decrease as well. Demand has weakened, owing to the drop in the oil price and the COVID-19 pandemic. We expect prices to rise again in 2021 and through the remainder of the forecast period.

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