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The US bentonite market started out in January **** with lower demand than expected, as holiday sales did not materialize. The majority of US domestic production is located in Wyoming and South Dakota, which continue to provide structural supply advantages; however, consumption throughout all of its major end-use segments continues to show weak volume. Most of the bentonite consumed in US is sourced from local ore and transported with short distance hauls; therefore, very little cost inflation is being experienced. The resulting limited volume of spot transaction inquiries and limited export pull have resulted in a bearish outlook for near term availability.
In pricing terms, sodium bentonite from Wyoming showed a slight decrease in January. The average price fall to USD *** per metric ton, down from USD *** per metric ton in December, for a *.*** month-on-month decrease. This price movement follows an...
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