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Home / Metal News / SMM Weekly Forecast on China's Selenium Markets (Jun. 27-Jul. 2, 2011)

SMM Weekly Forecast on China's Selenium Markets (Jun. 27-Jul. 2, 2011)

iconJun 24, 2011 17:10
Source:SMM
SMM believes EMM prices to be pessimistic and operating rates at EMM producers to be low in the coming week.

SHANGHAI, Jun. 24 (SMM) – SMM believes EMM prices to be pessimistic and operating rates at EMM producers to be low in the coming week. Selenium dioxide demand is expected to remain weak, but prices should not suffer significant falls due to concentrated market supply. In this context, SMM expects selenium dioxide prices to be RMB 810-820/kg, and selenium power prices to be around RMB 1,100/kg in the coming week.


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