Prices for selenium dioxide have been edging up over the past week on the back of the recent price rising from electrolytic manganese market, Chinese market participants told Metal-Pages today.
For the time being, levels for the 98% dioxide are hovering at approximately Rmb380-390/kg (US$21.1-21.6/lb), in comparison with the previous values of about Rmb370/kg($20.5/lb).
“Over the recent days, many of the dioxide have been contracted at around Rmb390/kg, representing an increase of Rmb20/kg as compared to the contractual price of Rmb370/kg seen early this month,” confirmed an executive from a Hunan based supplier.
Now some domestic producers are offering about Rmb400/kg for the material, and many of them are optimistic on the market in the near future. “Recent price rises for electrolytic manganese, the major selenium consumer within the domestic market, has brought a lot of confidences to selenium suppliers,” said an industry insider, suggesting that the pricing level would move up step by step in the coming weeks.
Many market participants believe that the level would continue the upward trend in the near future. “But it is expected not to surge a lot,” predicted one source.
消息來源
0 comment:
Post a Comment