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SMM Weekly Forecast on China’s Selenium Market (Dec. 6-10)

iconDec 3, 2010 17:02
Source:SMM
SMM believes that mainstream prices of selenium powder will move between RMB 850-900/kg in the following week.

SHANGHAI, Dec. 3 (SMM) -- Downstream EMM market doesn’t shown any upward trend, and continuous weak demand for selenium dioxide will sent prices even lower. SMM believes that selenium dioxide prices may fall around RMB 580/kg in the following week. Domestic selenium powder may fall limitedly due to support from tight supply. SMM believes that mainstream prices of selenium powder will move between RMB 850-900/kg in the following week.

 

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