Weekly Review of selenium Market (1.29 ≤ 2.2): selenium Market prices hold steady and Light Operation this week

Selenium prices held steady this week, light operation. As of Friday, selenium powder was quoted overseas at $19 to $20.5 a pound, up $0.5 a pound from Friday's low-end and high-end prices. The rise of the external plate to the domestic guidance is limited, the domestic selenium powder market downstream procurement replenishment is basically complete, consumer demand has been rarely released, on-site transactions are scarce, manufacturers mainly deliver orders, and some have also been opened for maintenance. By Friday, the domestic price of selenium powder was 260 million 280 yuan / kg, the average price was the same as last Friday.

In terms of crude selenium, the price as of Friday was 220 million yuan / kg, the average price was the same as last Friday. The supply intention of the big factory before the festival is not strong, and there is no intention to adjust the price in the absence of financial pressure. Selenium powder manufacturers are subject to inverted pressure, in the absence of low-cost supply of rare procurement; Selenium producers not only have obvious cost pressure, but also have inventory of their own products, so it is difficult to have procurement demand. during the week, the market trading atmosphere is quiet and the price is stable.

Future forecast: with the approaching of the festival, downstream replenishment demand has been released in the early stage, coupled with the obstacles in logistics and transportation, market negotiations have basically stalled, it is expected that selenium prices will continue to be stable in the short term.