Weekly Review and Forecast on Domestic Selenium Market-Shanghai Metals Market

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Weekly Review and Forecast on Domestic Selenium Market

SMM Insight 07:56:06PM Jan 29, 2010 Source:SMM

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.

To contact the writer on this report: fergiewang@smm.cn

 

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

 

Weekly Review and Forecast on Domestic Selenium Market

SMM Insight 07:56:06PM Jan 29, 2010 Source:SMM

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.

To contact the writer on this report: fergiewang@smm.cn

 

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