Silica sands price November 2024 and outlook (see chart below)
Silica sands price index
This post is a summary of the Silica sands iron price developments. The price developments of Silica sands are expressed in US$ prices converted FX rates applicable at the time when the price was valid. Silica sands price index developments are calculated from multiple separate sources of data to ensure statistical accuracy.
The outlook for Silica sands prices is generated from different inputs including:
- Very recent price developments of immediate cost drivers of Silica sands prices
- Recent price developments of underlying feedstocks which drive the price of Silica sands
- Market futures for both cost drives and feedstocks of Silica sands prices
- Adjustment of current supply/demand imbalances in the Silica sands market
- Longer term trends in likely demand conditions
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