SHANGHAI, July 22 (SMM) -- Domestic selenium dioxide supply is dominated by few large suppliers and prices of selenium dioxide climbed slightly from EMM price hike. Mainstream traded prices of domestic selenium dioxide advanced slightly to RMB 425-435/kg.
It is expected that more and more EMM producers will halt production due to impact from mine flooding in Huayuan region, helping support EMM prices in the short term, and EMM prices rose slightly. In addition, offers from overseas market were still tight and some overseas exporters even lifted quotes, lending support for selenium dioxide prices in the short term. What's more, the number of selenium oxide trader was relatively limited, so supply of goods was controlled by only few large suppliers. In this context, traded pries of selenium dioxide climbed up slightly when large suppliers lifted up prices.
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