PanXchange® Sand: Benchmarks & Analysis 05.24.2021

In the Permian basin, FOB Kermit 100m and 40/70m sand prices have decreased since last week, with prices falling by $0.50 and $0.75 per ton each. Northern White Odessa 40/70m sand prices have remained relatively flat, falling by $0.05 per ton since last week, suggesting continued limited demand relative to in-basin supply.

PanXchange® Sand: Benchmarks & Analysis 05.17.2021

In the Northern White mine gate market, FOB Wisconsin 100m, 40/70m, and 30/50m rose by $3.00 per ton each since last week, highlighting the preference for plants along certain key Class 1 Rail lines. This is especially true as standalone Northern white mine gate prices are trumped by the cost of logistics and transport.

PanXchange® Sand: Benchmarks & Analysis 05.10.2021

Permian frac sand prices continue to hold steady this week, with FOB Kermit 100m and 40/70m prices rising by $0.25 and $0.50 per ton each this week. The market for FOB Kermit 40/70m remains tight this week, with a slightly greater pickup in demand than expected relative to current production levels. This is evidenced by the widening of the 100m-40/70m spread at Kermit. FOB Odessa Northern White sand prices remained flat again this week, suggesting continued limited demand for Northern White products in the Permian.

PanXchange® Sand: Benchmarks & Analysis 04.26.2021

In the Permian basin, FOB Kermit 100m and 40/70m sand prices have converged since last week, with 100m prices rising by $1.75 per ton and 40/70m falling by $1.00 per ton. This is the result of an acute near-term relative supply squeeze on 100m sand in the Permian as activity continues to hold strong. Northern White Odessa 40/70m sand prices fell by $0.40 per ton since last week, suggesting continued limited demand relative to in-basin supply.

PanXchange® Sand: Benchmarks & Analysis 03.29.2021

In the Permian basin, FOB Kermit 100m and 40/70m sand prices have increased since last week, with prices rising by $0.75 per ton each. Northern White Odessa 40/70m sand prices have remained relatively flat, staying within a $0.25 per ton bandwidth since last week, suggesting continued limited demand relative to in-basin supply.

PanXchange® Sand: Benchmarks & Analysis 03.22.2021

We continue to hear from the PanXchange network that the frac sand market continues to showcase optimism regarding stable WTI prices in excess of $60 per barrel. In the Permian basin, FOB Kermit 100m and 40/70m sand prices have remained relatively flat since last week, with prices falling by $0.05 and $0.15 per ton respectively. Prices still remain at relatively high levels, as WTI prices have stabilized above $60 per barrel. Northern White Odessa 40/70m sand prices have fallen by $0.30 per ton since last week, suggesting that Northern White’s use as a substitute product is fading as in-basin supply and logistics operations continue to ramp up.