[Minor metal] Brief Analysis of Selenium Market

SHANGHAI, Apr. 23 (CBI China) -- Domestic selenium price rose, and the suppliers were reluctant to sell, so the market transactions became less. The price was RMB 360-400/kg for selenium powder, RMB 260-280/mt for selenium dioxide.

    Domestic spot supply was tight, and the price of refined manganese rose significantly, domestic selenium dioxide suppliers had high unwillingness in sales, leading to slim transactions in the market. The quotation for selenium dioxide was mixed in the market, with mainstream price at RMB 260-280/kg.

    Affected by selenium dioxide market, domestic selenium powder suppliers lifted the price to RMB 360-400/kg from previous RMB 340-380/kg.

    Sources report that refined manganese price has fallen slightly yesterday afternoon. As the market fundamentals remained unchanged, the upward room will be limited for selenium price, and this round of rise for selenium will be in the short term.

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