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[Minor metal] CBI Forecast - Domestic Selenium Market
SHANGHAI, July 3 (CBI China) -- Selenium powder supply was ample in domestic market, and the demand remained weak, limiting the upward momentum for the prices, so selenium powder prices will remain in current level, with mainstream traded prices moving in the RMB 380-400/kg range.
Supply and demand remained in balance in domestic selenium dioxide market, but increases in the demand were stronger than increases in supply, leading to upward momentum for the prices. Selenium dioxide prices will remain stable with an upward trend.
Next week, refined selenium prices will fluctuate in the RMB 380-400/kg range; selenium dioxide will be traded around RMB 280/kg.
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