Clarity and transparency are not two words that spring to mind when talking about industrial minerals pricing as a whole. Within the industry, there is a wide range of pricing mechanisms and contracts but to an outsider looking in trying to track the health of an industry through any sort of benchmarks, industrial minerals pricing appears almost a black art. This article looks at the world of industrial mineral pricing, recent trends within different sectors and the parameters that can be incorporated into a mineral price. Industrial mineral pricing is changing, increasingly being shaped by technology and the ease of communications across the globe. Add to this the fact that mineral suppliers often operate in global markets, incidents which can be natural or government-led in one country can have far-reaching implications in the marketplace.
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