Selenium Dioxide Prices Fall Slightly in China -Shanghai Metals Market

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Selenium Dioxide Prices Fall Slightly in China

SMM Insight 04:32:07PM May 04, 2010 Source:SMM

SHANGHAI, May 4 (SMM) -- Selenium dioxide prices fell slightly, and mainstream traded prices were between RMB 475-485/kg.

The price decline is mainly attributed to oversupply situation of selenium in China's spot market. Currently, operating rates at China's EMM producers were around 74%, with EMM prices fluctuating narrowly. EMM producers were not eager to replenish stocks and mainly made purchases on an as-needed basis.

SMM believes that China's selenium dioxide prices will still largely move around current level and may have the possibility to fall slightly, but any room for prices to fall will be limited given the support from stable costs.

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


 

 

Selenium Dioxide Prices Fall Slightly in China

SMM Insight 04:32:07PM May 04, 2010 Source:SMM

SHANGHAI, May 4 (SMM) -- Selenium dioxide prices fell slightly, and mainstream traded prices were between RMB 475-485/kg.

The price decline is mainly attributed to oversupply situation of selenium in China's spot market. Currently, operating rates at China's EMM producers were around 74%, with EMM prices fluctuating narrowly. EMM producers were not eager to replenish stocks and mainly made purchases on an as-needed basis.

SMM believes that China's selenium dioxide prices will still largely move around current level and may have the possibility to fall slightly, but any room for prices to fall will be limited given the support from stable costs.

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