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[Minor metal] Forecast of Domestic Selenium Market Next Week
SHANGHAI, Apr. 17 (CBI China) -- The supply and demand remained stable in domestic selenium powder market, with thin possibility for the price to move significantly.
Refined manganese price is likely to advance further recently driven by the rising nickel price and stainless steel price. Besides, the selenium dioxide supply will become tight in the short term, leaving upward momentum for the price of selenium dioxide.
Prices will move in the RMB 350-400/kg range for refined selenium next week; prices will inch up to the range of RMB 250-270/mt for selenium dioxide next week.
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