SMM Weekly Forecast on China’s Selenium Market (Dec. 27-31)-Shanghai Metals Market

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SMM Weekly Forecast on China’s Selenium Market (Dec. 27-31)

SMM Insight 05:08:15PM Dec 24, 2010 Source:SMM

SHANGHAI, Dec. 24 (SMM) -- SMM believes upward momentum of selenium dioxide prices may be weak given that EMM prices face risk to fall in the following week. Selenium dioxide prices will be firm due to high offers in overseas market and supply shortage in domestic market. SMM believes that selenium dioxide will move around RMB 630-640/kg and prices of selenium powder will still be around RMB 900/kg in the following week.

 

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

SMM Weekly Forecast on China’s Selenium Market (Dec. 27-31)

SMM Insight 05:08:15PM Dec 24, 2010 Source:SMM

SHANGHAI, Dec. 24 (SMM) -- SMM believes upward momentum of selenium dioxide prices may be weak given that EMM prices face risk to fall in the following week. Selenium dioxide prices will be firm due to high offers in overseas market and supply shortage in domestic market. SMM believes that selenium dioxide will move around RMB 630-640/kg and prices of selenium powder will still be around RMB 900/kg in the following week.

 

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