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SMM Weekly Forecast on China's Selenium Market (Aug.23-27)
Aug 20, 2010 17:23CST
Source:SMM
SMM believes, China's EMM price will be temporarily stable in the following week.

SHANGHAI, Aug. 20 (SMM) -- SMM believes, China's EMM price will be temporarily stable in the following week, and operating rates at EMM producers will also stay at low level due to tight ore supply and environmental crackdown. In this context, upward momentum for selenium dioxide prices is weak amid sluggish demand for selenium dioxide and prices will temporarily move between RMB 460-470/kg in the following week.

Prices of selenium will stay stable between RMB 610-640/kg given relatively sluggish demand but high import prices.

 

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