Metals News
Weekly Forecast on China's Selenium Market (Mar. 28-Apr. 1)
smm insight
06:24PM
Mar 25,2011
Source:SMM

SHANGHAI, Mar. 25 (SMM) -- Significant decline of China's selenium imports volume during February will allow selenium prices continue hover at high level, which will strongly buoy selenium dioxide prices. Meanwhile, operating rates at downstream EMM produces were stable, and are expected to grow. In this context, prices of selenium dioxide may advance further to around 9,000/mt due to stale demand and high costs, and prices of selenium powder may move between RMB 1,300-1,350/kg.

 

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