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SMM Weekly Forecast on China’s Selenium Market (Feb. 15-19)
Feb 12, 2011 16:58Source:SMM
SMM expects that mainstream traded prices of selenium dioxide will be in the RMB 750-780/mt range and mainstream traded prices of selenium powder will be between RMB 1,000-1,100/kg.
SHANGHAI, Feb. 12 (SMM) -- Operating rates at downstream EMM producers were stable and EMM prices are expected to rise in the following week. Meanwhile, prices of domestic selenium power fluctuated at high level. It is expected that selenium dioxide prices will continue rising in the following week due to high cost and stable demand. SMM expects that mainstream traded prices of selenium dioxide will be in the RMB 750-780/mt range and mainstream traded prices of selenium powder will be between RMB 1,000-1,100/kg.
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