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Weekly Review and Forecast on Domestic Selenium Market
Jan 29,2010 19:56CST
smm insight

SHANGHAI, Jan, 29 -- Although macro economy climate  was not favorable for metal prices, and downstream consumers were mainly adopted a wait-and-see attitude, imported prices of selenium were still above USD 30/lbs, showing no signs of recovery. Supply in domestic market was relatively tight, so possibility for prices constantly moving down is low. It is expected that prices will fluctuate at current level before the Chinese New Year holiday, and may climb slightly. It is expected that, selenium powder is expected to be traded at RMB 650/kg, and prices of selenium dioxide will move around RMB 460/kg.

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