Home / Metal News / Precious Metals / SMM Weekly Forecast on China Selenium Metal Market (May 28-Jun.1)
SMM Weekly Forecast on China Selenium Metal Market (May 28-Jun.1)
May 25,2012 16:48CST
smm insight
Source:SMM
SMM expects that prices of selenium dioxide may be around RMB 550/kg and selenium powder prices should move around RMB 900/kg in the coming week.

SHANGHAI, May 25 (SMM) –
Review: During the past week, China’s mainstream traded prices of selenium dioxide fell to RMB 580-590/kg, down RMB 50/kg, while mainstream offers for selenium powder dropped to RMB 900-950/kg, down RMB 50/kg from a week ago.

According to SMM sources, prices for importing selenium powder continued to fall since prices of selenium powder on LME dropped by USD 2/lb to USD 54-60/lb last week. Meanwhile, selenium dioxide markets saw no improvements, weighing down domestic selenium powder prices. Thus, the remaining weak EMM markets and lower selenium powder prices led prices for domestic selenium dioxide to fall to RMB 580-590/kg.

Forecast: SMM expects that prices of selenium dioxide may be around RMB 550/kg and selenium powder prices should move around RMB 900/kg in the coming week.

selenium dioxide
selenium powder
price trend

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn