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Unlike China, Bentonite prices Inclines in the US, India and T眉rkiye in early June 2024

Unlike China, Bentonite prices Inclines in the US, India and T眉rkiye in early June 2024

Rene Swann 28-Jun-2024

Bentonite prices have showcased a decline in China during early June xxxx, while robust global demand strengthened prices in the USA, India, and T眉rkiye. In India prices in the first half of June rose by x.xx to USD xx.xx/MT Ex-Bhuj (India). While in USA, prices moved to USD xxx/MT DEL Wyoming (USA) displaying a xx change from previous month. In T眉rkiye there is a significant increase of x.xx in Bentonite prices and prices touched USD xxx/MT FOB Mersin (T眉rkiye). There were several factor affecting these pricing dynamics during this period.

In India, Bentonite is high in demand across various sectors. Recently, India&#xx;s state-run iron ore miner, NMDC, has planned to double its production capacity. This move is strategically aligned with the escalating demand for pellets and can be seen as a contribution to rising Bentonite demand. Beyond iron and steel sector, Bentonite finds extensive use in environmental...

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