SMM Weekly Forecast on China Selenium Market (Feb. 13-17)

SHANGHAI, Feb. 10 (SMM) -- SMM expects that prices of selenium dioxide are expected to advance further from price hike of EMM and EMM producers growing willingness to resume production. However, the limited increase in demand and stable supply will cap prices selenium prices below RMB 800/kg. Prices selenium powder will continue to hover at high level due to increased demand and firm costs, but upward momentum of selenium powder will weaken and mainstream traded prices of selenium will be around RMB 1,150/kg in the following week due to firm costs and stable supply.