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SMM Weekly Review on Domestic Selenium Market
SHANGHAI, Aug. 27 (SMM) -- SMM believes domestic EMM market sentiment will remain stable next week, and operating rates at EMM producers will remain low as well due to tight manganese ore supply and environmental inspections. As a result, domestic selenium dioxide prices will lack upward momentum given weak demand, with prices expected to fluctuate around RMB 480/kg. Mainstream traded prices for selenium powder are expected to move between RMB 640-660/mt next week in view of weak demand but higher import prices.
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