Selenium-Tellurium Market Report February 2015
2015-03-24 09:51:05 【Print】
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Affected by the Spring Festival holiday, as well as poor demand from downstream industries like glass and ceramics, Chinese consumers’ purchasing quantities for selenium 99
The Chinese tellurium 99.99% market failed to show signs of improvement in early February with the main users having no plans to make bulk purchases before the holiday. As a result, the prices witnessed a total decrease of RMB40/kg (USD6.4/kg) in the month, bottoming out at RMB550-580/kg (USD88 . 6-93.4/kg) . Suppliers were forced to promote sales by reducing offers after coming under greater financial pressure.
. 9% were significantly reduced in February. However, the prevailing prices in the country were generally stable between RMB350-370/kg (USD56 . 4-59.6/kg) as most suppliers refused to move down quotations due to rigid costs and expectations of a market recovery after the holiday. But in the meantime, selenium dioxide 98% prices dropped by RMB10/kg (USD1.6/kg) to RMB220-230/kg (USD35 . 4-37.0/kg) during the month, with suppliers competing strongly for orders from manganese flake producers ahead of the festival.The Chinese tellurium 99.99% market failed to show signs of improvement in early February with the main users having no plans to make bulk purchases before the holiday. As a result, the prices witnessed a total decrease of RMB40/kg (USD6.4/kg) in the month, bottoming out at RMB550-580/kg (USD88 . 6-93.4/kg) . Suppliers were forced to promote sales by reducing offers after coming under greater financial pressure.