Weekly Review of selenium Market (3.2-3.6) overall stable Import of refined selenium in selenium City

Published: Mar 6, 2020 16:37

This week, the domestic selenium product market is still stable, the price of selenium remains strong, and fine selenium products show initial signs of follow-up.

Today, SMM99.9% selenium powder transaction price is 95-125 yuan / kg, 99.9% selenium ingot transaction price is 100-130 yuan / kg, crude selenium transaction price is 58-66 yuan / kg, selenium dioxide transaction price is 6268 yuan / kg, the average price is the same as last week.

Selenium powder: foreign media 99.9% selenium powder transaction price of 5.7-6.8 US dollars / lb, still the same as last week. The market for refined selenium abroad has remained calm and prices have remained unchanged for nearly three weeks. In the relatively stable overseas market, in the recent overseas outbreak, the future demand may be affected to a certain extent, the decline in the start of the industry is bound to affect the demand for selenium products to a certain extent. However, only from the current situation, the change in overseas markets is not obvious. On the other hand, in the domestic refined selenium market, with the gradual effectiveness of epidemic control, the resumption of work in downstream glass, ceramics and other enterprises has further improved, and the mainstream large downstream demand orders are relatively stable. 99.9% of domestic selenium powder is now sold at around 100 yuan / kg, while the price of imported fine selenium powder is slightly higher, around 120 yuan / kg.

Selenium: selenium trading prices will remain stable on Tuesday, the actual trading position at 68 yuan / kg, the same as last week. The holder mentality is good, the quotation is stable and firm, has the quotation to 70 yuan / kg, but this price has not yet had the ton class above the transaction. At present, the domestic copper factory has not yet bulk bidding for crude selenium, the early selenium shippers have slowed down the pace of shipment in the near future, in the case of raw materials have not yet been replenished, uncertain raw material costs, the existing holders are not willing to easily continue to sell selenium. On the other hand, the price of electrolytic manganese is weak in the past two weeks, the market is lower, showing less demand for selenium, and the trading of selenium is not active this week.

"View the exclusive historical price of selenium in SMM

There will be a bidding for crude selenium in mainstream copper plants next week. Judging from the current sentiment of all parties in the market, the price of crude selenium is likely to rise. SMM believes that after the crude selenium market is traded, the trend of the overall selenium market will be further clear.

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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