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[Minor metal] SMM Forecast - Domestic Selenium Market
SHANGHAI, Oct. 30 (SMM) – Next week, refined manganese prices will continue to fluctuate, which will help support selenium market. However, there is limited possibility refined manganese prices will soar to RMB 13,500/mt, so operating rates at refined manganese producers will remain unchanged, and their demand will not increase sharply as well. In this context, selenium prices lack upward momentum. Next week, Jiangxi Copper will sell selenium dioxide, so special attention should be paid to prices offered by Jiangxi Copper.
Next week, selenium powder prices will move in the RMB 480-500/kg range, and prices for selenium dioxide will move around RMB 350/kg.
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