Selenium-Tellurium Market Report February 2014

Chinese selenium prices continued to rise in February, with mainstream offers for selenium 99.9% and selenium dioxide increasing by RMB65/kg (USD10.5/kg) to RMB440-490/kg (USD70.Asian Metal Copyright4-130.Asian Metal Copyright8-78.9/kg) and RMB350-360/kg (USD56.Asian Metal Copyright9kg and RMB350-360kg USD56.Asian Metal Copyright4-58.0/kg) respectively.Asian Metal Copyright4kg in February as supply tightened after the Spring Festival.Asian Metal Copyright Producers were confident about the future market and, buoyed by the news that Fanya Exchange would be stocking up on selenium, traders began actively making purchases, leading to firm prices in the markets.

Meanwhile, Chinese tellurium 99.99% also portrayed an optimistic attitude towards the market. Mainstream prices moved up by RMB15/kg (USD2.4/kg) to RMB760-810/kg (USD122.Asian Metal Copyright5kg to RMB440-490kg USD70.Asian Metal Copyright4-130.4/kg) in February as supply tightened after the Spring Festival.