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[Minor metal] Forecast of Domestic Selenium Market Next Week
SHANGHAI, May 15 (CBI China) -- Domestic selenium market trend next week will depend on the changes in refined manganese market and the operating rates.
If Huahuan Xingyin Manganese Company shut down due to the accident on May 14th, the demand will decline in selenium dioxide market. However, as current selenium dioxide supply was limited, the downward room for the price of selenium dioxide will be limited. But if the sell-off activities appeared in the market, the price will fall to RMB 240-250/kg.
Supply and demand conditions remained stable in selenium powder market. The slight fluctuations in selenium dioxide market will exert limited impact on selenium powder market, so the price will continue to move in current level.
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