SMM Weekly Forecast on China's Selenium Market (Jun. 7-11)-Shanghai Metals Market

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SMM Weekly Forecast on China's Selenium Market (Jun. 7-11)

SMM Insight 05:22:00PM Jun 04, 2010 Source:SMM

SHANGHAI, Jun. 4 (SMM) -- The number of small-and-medium-sized traders increased in China's domestic selenium market as demand for selenium is expected to reduce further. It is very difficult in reversing the bearish sentiment into bullish sentiment in China's domestic selenium market. Currently, many selenium importers were all waiting to make purchases when overseas prices fall further in the future.


It is expected that mainstream traded prices of selenium powder will move between RMB 520- 550/kg and prices of selenium dioxide will move around RMB 420/mt next 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


 

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SMM Weekly Forecast on China's Selenium Market (Jun. 7-11)

SMM Insight 05:22:00PM Jun 04, 2010 Source:SMM

SHANGHAI, Jun. 4 (SMM) -- The number of small-and-medium-sized traders increased in China's domestic selenium market as demand for selenium is expected to reduce further. It is very difficult in reversing the bearish sentiment into bullish sentiment in China's domestic selenium market. Currently, many selenium importers were all waiting to make purchases when overseas prices fall further in the future.


It is expected that mainstream traded prices of selenium powder will move between RMB 520- 550/kg and prices of selenium dioxide will move around RMB 420/mt next 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