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Selenium Dioxide Prices Face Risks to Fall
Aug 2,2011 10:19CST
smm insight
Source:SMM
SMM expects domestic selenium dioxide prices will face risk to fall significantly if operating rates at downstream EMM producers continue to hover at low level.

SHANGHAI, Aug. 1 (SMM) -- On Monday, Mainstream offers of selenium dioxide were in the RMB 770-775/kg range, and mainstream offers of selenium powder were in the RMB 1,050-1,100/kg range.

It was reported that offers of selenium powder fell from USD 55-66/lbs to USD 54-65/lbs in overseas market. However, as supply of domestic selenium powder was still limited, mainstream traded prices of domestic selenium powder were still in the RMB 1,050-1,090/mt range. Prices of selenium dioxide were temporarily stagnate, with market mainstream traded prices between RMB 770-775/kg. It was reported that operating ratings at downstream EMM producers were around 40%, reducing demand for selenium dioxide. However, mainstream cargo-holders still held prices of selenium dioxide above RMB 770/kg, leaving selenium dioxide price stagnate.

SMM expects domestic selenium dioxide prices will face risk to fall significantly if operating rates at downstream EMM producers continue to hover at low level.
 

selenium dioxide;selenium powder

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