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Weekly Review of selenium Market (4.21-4.24) Raw material Price is stable in domestic selenium Market
Apr 24,2020 15:35CST
The content below was translated by Tencent automatically for reference.

This week, the domestic selenium price is generally stable, and the price of some refined selenium products has increased slightly; the manganese plant starts and purchases are stable, and the raw material crude selenium price is still supported.

Today, the transaction price of SMM99.9% selenium powder is 105-130 yuan / kg, 99.9% selenium ingot transaction price is 110-135 yuan / kg, the average price is 2.5 yuan / kg higher than last week, crude selenium transaction price is 65-72 yuan / kg, selenium dioxide transaction price is 6470 yuan / kg, the average price is the same as last week.

Selenium powder: foreign media 99.9% selenium powder transaction price of $6-7 / lb, the price is the same as last week. Demand for selenium powder in China is gradually resuming downstream this month, but given that some companies still have stocks of raw materials, procurement demand is only slowly released. In view of this, at the same time, taking into account that the domestic supply of crude selenium is not sufficient, and the price is rising steadily, so the price of domestic refined selenium is relatively strong, and there is a small price increase phenomenon; the price of imported selenium powder temporarily changes little, more stable. By the end of the week. The actual transaction price of domestic 3N selenium powder is 105-115 yuan / kg, while that of imported 3N selenium powder is 120-130 yuan / kg. Overall, the overall operating rate of domestic glass ceramics and other downstream enterprises is still not high, many small factories have not yet started, so the release of downstream demand can only be carried out step by step.

Selenium: this week, the price and transaction of the domestic selenium market is generally stable, now the two selenium sent to the actual transaction price is still concentrated in 65-70 yuan / kg, the same as before, of course, the trading focus is at the right end of the price range. On Friday, a manganese factory in Guizhou invited a tender for 3 tons of selenium, and the final price fell to 65 yuan per kilogram. Up to this week, the holder is still in a good state of mind, has confidence in the selenium market, strong offer; the offer is usually in 68-70 yuan / kg, some businesses only accept a counteroffer of 1-2 yuan / kg, the transaction is firm. The price of crude selenium recently traded has support for both diselenite and refined selenium: previously, the transaction prices of crude selenium in Jinlong Copper and Tongling were 68 yuan / kg and 70 yuan / kg respectively, while the crude selenium in the northern copper industry also went out of 67 yuan / kg last week. Considering that the quality of crude selenium produced by different copper plants is different (gold / silver ratio, acid content, water content, etc.), it can be made clear that under the background of tight copper mine, reduced production of copper plant and shrinking supply of anode slime, the output of crude selenium in China has declined compared with the same period last year, so the raw material price still has clear support in the short term.

To sum up, SMM believes that a copper plant that may open a new round of crude selenium bidding plan next week, its final price of crude selenium will become the biggest bright spot in the selenium market next week, and the late trend of refined selenium and diselenite will also be clear.

Price forecast
weekly review

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