Weekly Forecast on China's Selenium Market (Mar. 28-Apr. 1)-Shanghai Metals Market

Hot Keywords

  • Inventory data
  • Rare earths
  • Market commentary
  • Rare earth
  • Aluminium
  • Zinc
  • Copper
  • Macroeconomics
  • Sales data
  • Customs data
  • MMi Iron Ore Port Index
  • Iron ore
  • precious metals
  • Nickel
  • Futures movement

Weekly Forecast on China's Selenium Market (Mar. 28-Apr. 1)

SMM Insight 06:24:59PM 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.

 

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

Weekly Forecast on China's Selenium Market (Mar. 28-Apr. 1)

SMM Insight 06:24:59PM 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.

 

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