Home / Metal News / Minor Metals / [SMM selenium spot Weekly Review] selenium price enters rational adjustment after concentrated release of raw materials (2020.5.18Mel 2020.5.22)
[SMM selenium spot Weekly Review] selenium price enters rational adjustment after concentrated release of raw materials (2020.5.18Mel 2020.5.22)
May 22,2020 16:03CST
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The price of domestic selenium market entered consolidation this week, the market of crude selenium and refined selenium was temporarily stable, and the trading price of diselenide began to decline.

Today, the transaction price of SMM99.9% selenium powder is 105murl 130 yuan / kg, 99.9% selenium ingot transaction price is 110Lue 135 yuan / kg, crude selenium transaction price is 65mur72 yuan / kg, the average price is the same as last week, and the average price of selenium dioxide is 63668 yuan / kg, which is 2 yuan / kg lower than last week.

Selenium powder: 99.9% of the foreign media selenium powder transaction price of 6Mel 7.3 US dollars / pound, the price is the same as last week. The domestic refined selenium market continues to be stable, the start-up of large glass manufacturers is stable, the order is stable, and the implementation of the long order purchase of raw materials is stable. Smaller glass ceramic manufacturers, limited to the shackles of terminal orders, are difficult to start, and the purchase of refined selenium has been greatly reduced compared with the same period last year. Refined selenium is stable in terms of price. 99.9% of domestic selenium powder is still concentrated at 105Mel 110 yuan / kg, while imported brand selenium powder is stable at 115Mel 130 yuan / kg, with little change.

In terms of selenium, the downstream manganese factory made an inquiry purchase of selenium during the week, and the holder showed a strong willingness to strive for orders, and the transaction price was slightly adjusted downwards. At present, the actual cash price of diselenide sent to the domestic transaction is concentrated at 63tel 68 yuan / kg, which is 2 yuan / kg lower than last week. After a number of domestic copper factories sold raw material selenium in the first half of the month, the willingness of diselenide suppliers to release goods was strengthened, reflecting, to a certain extent, a decline in market confidence. Of course, combined with the current background that raw material prices are still strong, suppliers do not intend to continue to reduce prices, so the decline of diselenide is not significant for the time being.

After 2000, the market of selenium increased steadily, and the price rose by more than 10%, which was better than that of most kinds of metals, especially small metals. It is also very reasonable to gradually enter the price consolidation period in May. At this stage, it is not necessarily a good thing for the market to clear out low-cost resources and give downstream some time to digest in exchange for more cumulative price space in the later stage.

SMM believes that the domestic selenium price will be further consolidated next week.

Quotation
weekly review

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