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[Minor metal] SMM Forecast - Domestic Selenium Market
SHANGHAI, Aug. 21 (SMM) -- Selenium prices are expected to move around current prices in domestic market. The firm MB prices generated a reluctance of suppliers to sell goods, which will result in tightening supply in domestic market. Domestic prices are expected to record no significant declines upon increasing purchasing costs of importers. Selenium dioxide prices will fall limitedly due to sell-off activities at selected suppliers.
Next week, selenium powder will be traded around RMB 600/kg, and selenium dioxide will be traded around RMB 450/kg.
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