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SMM Weekly Forecast on China's Selenium Market (Aug. 8-12, 2011)
Aug 5, 2011 17:15It is expected that prices for selenium dioxide will be in the RMB 765-75/kg range and prices of selenium powder will be in the RMB 1,060-1,100/kg range in the following week.
SHANGHAI, Aug. 5 (SMM) -- Downstream EMM market improved but operating rates EMM producers continued to stay at low level, so demand for selenium dioxide was still hard to improve. However, offers of selenium powder were stable in overseas market, and supply of selenium powder was still tight in domestic market, so selenium dioxide prices will still be supported by high production costs.
It is expected that prices for selenium dioxide will be in the RMB 765-75/kg range and prices of selenium powder will be in the RMB 1,060-1,100/kg range in the following week.
selenium price; selenium dioxide price;
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.
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