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[Minor metal] Forecast of Domestic Selenium Market Next Week
SHANGHAI, Apr. 3 (CBI China) -- As the oversupply exists in the market, the selenium market trend will follow the changes in refined manganese market. If the refined manganese factories continued to cut or suspend the production, the demand will became weaker. The refined manganese factories will lower raw materials prices due to falling refined manganese price, leaving pressure to raw material suppliers, the price of selenium dioxide will fall follow suit.
The demand for refined selenium at glass and ceramic producers remained stable, with basic balance between supply and demand, and the price of refined selenium will be affected by the price of selenium dioxide.
The refined selenium price will move in the RMB 340-380/kg range next week; selenium dioxide price will move around RMB 240/kg.
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