SMM Weakly Forecast on China's Selenium Market-Shanghai Metals Market

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SMM Weakly Forecast on China's Selenium Market

SMM Insight 05:17:51PM May 07, 2010 Source:SMM

SHANGHAI, May 7 (SMM) -- Except for long-term contract prices, prices of overseas spot selenium powder prices may fall slightly due to sluggish transactions.  Domestic selenium powder prices may decline slightly next week, and mainstream traded prices are expected to move at RMB 660/kg.

Supply of domestic selenium dioxide was sufficient, and suppliers with high inventories were eager to move goods. In this context, prices of selenium dioxide may continue to fall slightly, and mainstream traded pries will move around RMB 470/kg in the following week.

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


 

SMM Weakly Forecast on China's Selenium Market

SMM Insight 05:17:51PM May 07, 2010 Source:SMM

SHANGHAI, May 7 (SMM) -- Except for long-term contract prices, prices of overseas spot selenium powder prices may fall slightly due to sluggish transactions.  Domestic selenium powder prices may decline slightly next week, and mainstream traded prices are expected to move at RMB 660/kg.

Supply of domestic selenium dioxide was sufficient, and suppliers with high inventories were eager to move goods. In this context, prices of selenium dioxide may continue to fall slightly, and mainstream traded pries will move around RMB 470/kg in the following week.

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