[Minor metal] Domestic Selenium Market Remains Neutral

Dec 7, 2009 13:16

Source:SMM

SHANGHAI, Nov. 3 (SMM) -- Domestic selenium market remained neutral, and selenium prices were stable as well. Mainstream traded prices were RMB 470-480/kg for selenium powder and RMB 340/kg for selenium dioxide.

Overseas suppliers were reluctant to sell goods due to relatively tight supply, with offers firm at USD 26/lbs. Domestic selenium powder supply was sufficient, but suppliers were still unwilling to move goods at lower prices due to higher costs, reducing spot supply in the market. SMM believes selenium prices will fluctuate at current levels in the near future, since refined manganese market sentiment reported no improvement.

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[Minor metal] Domestic Selenium Market Remains Neutral

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