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China**;s barite industry entered a period of recovery in August, with European demand ramping up while core Asian markets remained stable. Increased international drilling activities have given more attention to high-grade barite from Chinese producers, resulting in several strategic developments across the barite supply chain.
In August, the free-on-board (FOB) price of Chinese barite moved upward by *.**, a reflection of tight stocks and rising orders from major offshore projects. Industry insiders note that the price increase is...
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