China's Domestic Selenium Dioxide Prices Sip Slightly -Shanghai Metals Market

Hot Keywords

  • Silicon
  • Nickel
  • Zinc
  • Futures movement
  • Copper scrap
  • Aluminium
  • Evening comments
  • Macroeconomics
  • Inventory data
  • Copper
  • Production data
  • Market commentary
  • Stainless steel
  • MMi Iron Ore Port Index
  • निकल

China's Domestic Selenium Dioxide Prices Sip Slightly

SMM Insight 04:18:39PM Mar 22, 2010 Source:SMM

SHANGHAI, Mar. 22 (SMM) -- China's domestic selenium dioxide prices slipped slightly, with mainstream prices felling from RMB 500-510/kg last week to around RMB 490/kg.

The constantly decline of selenium prices is mainly attributed to short position sentiment on selenium prices from EMM producers that mainly adopted a wait-and-see attitude with low purchasing interest. In addition, some low-priced offers of selenium also dragged down selenium prices.

SMM believes that falling room for selenium dioxide prices will be limited as overseas EMM prices are stable and costs of selenium dioxide are high.

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

China's Domestic Selenium Dioxide Prices Sip Slightly

SMM Insight 04:18:39PM Mar 22, 2010 Source:SMM

SHANGHAI, Mar. 22 (SMM) -- China's domestic selenium dioxide prices slipped slightly, with mainstream prices felling from RMB 500-510/kg last week to around RMB 490/kg.

The constantly decline of selenium prices is mainly attributed to short position sentiment on selenium prices from EMM producers that mainly adopted a wait-and-see attitude with low purchasing interest. In addition, some low-priced offers of selenium also dragged down selenium prices.

SMM believes that falling room for selenium dioxide prices will be limited as overseas EMM prices are stable and costs of selenium dioxide are high.

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