[Minor metal] Brief Analysis of Domestic Selenium Market

SHANGHAI, Mar. 10 (CBI China) -- LME selenium price rose, the domestic refined selenium price rose slightly as well, with current trading price at RMB 360-400/mt; the price of selenium dioxide fell slightly, with the trading price at about RMB 250/kg.

    It is said that the mainstream LME price increased to USD 20-22/pound from USD 19-22/pound. Domestic suppliers were reluctant to sell the spot goods in hand, so the price of domestic refined selenium rose by RMB 10/kg. Due to sluggish refined manganese market and more production stoppages at manganese factories, domestic selenium dioxide market became weak. The spot supply was limited in the market, but along with more production stoppages at manganese factories, more low-cost resources will appear in the market, dampening the mainstream trading price.

Copyright © 2009, CBI (Shanghai) Co., Ltd. All Rights Reserved.

None of this material may be used for any commercial or public use in any form or means, without the prior written consent of CBI China. For reproduction issue, please contact us by email: metalresearch@cbichina.com or tel:86-21-51550040