Prices of China's Selenium Dioxide to Fall Further -Shanghai Metals Market

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Prices of China's Selenium Dioxide to Fall Further

SMM Insight 04:38:46PM May 25, 2010 Source:SMM

SHANGHAI, May 25 (SMM) -- As domestic EMM prices fell rapidly and some EMM producers planned to halt production, China's demand for selenium dioxide was not strong and decline pace of prices quickened. Currently, mainstream traded prices of selenium dioxide were around RMB 455/kg.

It was reported that the accelerated decline pace is attributed to sluggish demand as well as from sell-offs from some traders. Although overseas prices ceased to decline, prices of raw material were high, and prices of selenium dioxide were lower than cost level. However, market expectation was pessimistic and prices still didn't show any sign to decline.

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

 

 

Prices of China's Selenium Dioxide to Fall Further

SMM Insight 04:38:46PM May 25, 2010 Source:SMM

SHANGHAI, May 25 (SMM) -- As domestic EMM prices fell rapidly and some EMM producers planned to halt production, China's demand for selenium dioxide was not strong and decline pace of prices quickened. Currently, mainstream traded prices of selenium dioxide were around RMB 455/kg.

It was reported that the accelerated decline pace is attributed to sluggish demand as well as from sell-offs from some traders. Although overseas prices ceased to decline, prices of raw material were high, and prices of selenium dioxide were lower than cost level. However, market expectation was pessimistic and prices still didn't show any sign to decline.

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