Weekly Review of selenium Market (12.09-12.13) at the end of the year, the price of raw materials for smooth operation in selenium market was strong.

Published: Dec 13, 2019 18:32

The price of domestic selenium products changed little this week, the raw materials showed a stable and strong trend, downstream procurement as usual.

Today, SMM 99.9% selenium powder transaction price is 90-120 yuan / kg, 99.9% selenium ingot transaction price is 95-125 yuan / kg, the average price is the same as last Friday; crude selenium transaction price is 54-64 yuan / kg, the average price is 1 yuan / kg higher than last Friday; selenium dioxide transaction price is 5460 yuan / kg, the average price is the same as last Friday.

Selenium powder: foreign media 99.9% selenium powder transaction price of $6.27.5 / lb, lower than last week by $0.20 / lb. With the weak decline of the foreign selenium powder market, the domestic refined selenium market is also relatively light, the market price is stable in the slightly negative decline. At present, the transaction price of 99.9% selenium powder made in China is around 90 yuan / kg, and the focus is down from last week. And the phenomenon of weak downstream consumption has not been alleviated, and the market may continue this situation in the years to come.

Selenium: selenium trading volume on Tuesday is OK, downstream procurement is stable, the price is basically the same as last week. As the price of crude selenium sold by copper companies rose significantly this week compared with the previous month, the mentality of selenium holders was stable under the support of raw materials, the actual trading price remained strong, and the average transaction price remained near 57 yuan / kg, basically the same as last week.

"View the exclusive historical price of selenium in SMM

Near the end of the month and the end of the year, selenium prices out of the stable market is not easy. Whether there is a concentrated stock before the festival in the near future, you can focus on the market 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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