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Weekly review of selenium market (6.24 to 6.28): the trading situation in selenium market is flat and the price is stable as a whole.
Jun 28,2019 17:13CST
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The content below was translated by Tencent automatically for reference.

This week, the selenium market is still relatively calm, the market trading situation has not changed much, the demand performance also continues to wait and see. By Friday, foreign media selenium powder was quoted at US $8.5 to US $10.5 per pound, with the high end and low end unchanged from last week. Overseas prices are stable, the domestic selenium powder market although the transaction situation is relatively light, but the supplier confidence is still the same, the price sentiment is heavy. By Friday, the price of selenium powder in China was 140 to 165 yuan / kg, unchanged from last week.

In terms of selenium, prices remained stable this week, reaching 85 to 90 yuan / kg on Friday, unchanged from Friday. Recently, the electrolytic manganese market in the lower reaches of selenium has maintained a steady running trend, and the selenium market, as a raw material, is stable to the future market. As a result, some suppliers have even raised their quotations, and some low-cost processing resources in the market have gradually disappeared. However, due to the weak price of crude selenium, the price increase has not had any effect, and the price of selenium is still stable in a week.

In terms of crude selenium, due to the middle of the year, some copper enterprises due to changes in sales strategy, their crude selenium shipment willingness to slightly enhance, some brands appear some low-price transaction list, good brand high-quality source price is still strong. By Friday, the price was 88 to 108 yuan / kg, down 3.5 yuan / kg from Friday.

"check out the historical price of exclusive selenium in SMM

Next week forecast: it is expected that the selenium market will continue to run smoothly next week, foreign countries gradually enter the summer break, supply and demand situation changes need to be closely watched.

Weekly review

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

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