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In terms of selenium, prices remained stable this week, reaching 85 to 90 yuan / kg on Friday, unchanged from Friday. The price of electrolytic manganese is basically stable in the near future, although the actual trading activity is general, but from the current part of the preliminary finalized bidding price, the price stability is the mainstream trend. The new Ghana manganese carbonate sales policy requires the corresponding external CIF minimum selling price should not be less than 5 US dollars / tonnage also refers to the stable price to resist decline, so the market is basically stable in the future. It is rumored that a large domestic electrolytic manganese manufacturer this week resumed a large number of selenium procurement reserves, this move also strongly boosted the confidence of the industrial chain, other electrolytic manganese manufacturers are not expected to purchase raw materials as cautious as in the previous period. Therefore, the current favorable situation downstream is more beneficial to the selenium market. Coupled with the raw material crude selenium price strong support, two selenium merchants shipping price stable attitude.
In terms of crude selenium, in line with the performance of the second selenium market, selenium producers normally and steadily replenished their positions to produce crude selenium on Tuesday, and the trading volume was still average. On the eve of Dragon Boat Festival short holiday this week, the actual trading time was also one day short. Although the crude selenium inventory of copper enterprises was still high, it temporarily suspended the practice of trading volume through price reduction and turned to wait-and-see. By Friday, the price was 98 to 108 yuan / kg, the average price has not changed from Friday.
Forecast next week: the overseas market from stable to downward, there is a certain negative impact on the selenium market. At present, the selenium price to continue to stabilize or need the joint force of downstream production or export demand procurement, it is expected that the selenium market will still strive to maintain stability next week, wait and see the change in demand.
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