Weekly Review of selenium Market (7.22 to 7.26) the price of selenium market is stable for the time being.

Published: Jul 29, 2019 11:21

This week, the domestic selenium market price is stable, the demand is light, the overall transaction is not good; the overall market participation is low.

In terms of selenium powder, foreign media quoted 99.9% selenium powder as of Friday at $8.15 to $9.85 per pound, down from $0.15 per pound on Friday. This price adjustment shows that overseas markets are also facing an oversupply, the import market is also weak, and domestic imports are still in the form of long orders. Similarly, the purchase strength of the domestic selenium market is weak, the output of the terminal glass ceramic industry has declined, and the prices of selenium powder and selenium ingots have remained stable for the time being. By Friday, the transaction price of SMM 99.9% selenium powder was 135 to 160 yuan / kg, which was the same as last week.

Second selenium: this week, the selenium dioxide market remained calm, small factories affected by environmental protection, production continued to be limited; two selenium is currently mostly supplied by large plants, the ex-factory price is relatively strong. However, the purchase demand of the downstream manganese factory is light in summer, the order is sporadic, the trade circulation is weak, the selenium transaction is not active, and the price is stable for the time being. By Friday, the transaction price of SMM selenium dioxide was unchanged at 85 to 90 yuan / kg.

Crude selenium: this week, the market price of crude selenium is weak, the transaction is not good, still because the domestic selenium powder and selenium dioxide producers already have pre-stock inventory, lack of willingness to purchase within the week, under the weak market to hold a wait-and-see attitude. By Friday, the price of crude selenium in SMM remained at 88 to 108 yuan / kg.

"check out the historical price of exclusive selenium in SMM

During the summer break, the situation of light selenium market at home and abroad has not changed, terminal consumption has not yet recovered, and the market is lack of vitality and liquidity. It is expected to remain weak and stable next week.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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