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[Minor metal] SMM Forecast - Domestic Selenium Market
SHANGHAI, July 31 (SMM) -- Selenium powder prices will track price trend of selenium dioxide. Selenium powder prices are expected to rise further given rising MB prices and tightening domestic market supply.
Selenium dioxide prices have risen due to decreased supply and increased demand. In addition, suppliers were optimistic with regard to price outlook due to limited spot inventories, and their reluctance to sell will help drive up selenium dioxide prices.
Next week, refined selenium prices will reach RMB 430/kg; selenium dioxide will be traded around RMB 350/kg.
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