Home / Metal News / Copper / Weekly Review and Forecast of Selenium Market
Weekly Review and Forecast of Selenium Market
Jan 15,2010 11:19CST
smm insight

SHANGHAI, Jan. 15 --

Weekly Review

This week, prices of domestic selenium powder were on upward track, with mainstream traded prices in the RMB 560-580/kg range. There were not many transactions in the market because prices advanced quickly but downstream purchases were not brisk. Selenium powder suppliers in overseas market were reluctant to move goods and there was not much supply in domestic market. In this context, suppliers were obviously unwilling to move goods, and prices of selenium powder will climb further.

This week, prices of selenium dioxide continued to advance, with prices rising from RMB 400/kg to RMB 440/kg. Supply of spot goods was relatively tight, and large suppliers' reluctance to move selenium dioxide was the mainly reason behind the steady climb of selenium dioxide.

Weekly Forecast

Demand was not strong in domestic selenium market. However, supply was tight in overseas market and suppliers' confidence in price increases was high, and speculative buying was increasing. Prices of selenium powder will break through RMB 600/kg; prices of selenium dioxide will also be on upward track, and are expected to rise further after getting support at RMB 450/kg.


Copyright © SMM. All Rights Reserved

None of this material may be used for any commercial or public use in any forms or means, without the prior written consent of SMM. For reproduction issue, please contact us by email: service.en@smm.cn

Manganese Cobalt Silicon Tin Bismuth
minor metal price
Mn Co Si Sn Bi
SMM Weekly Review and Forecast
Weekly Review

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news