Selenium-Tellurium Market Report November 2013
2013-12-20 08:51:23 【Print】
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Chinese selenium 999% and selenium dioxide prices dropped further by RMB50/kg (USD8.2/kg) and RMB40/kg (USD6.6/kg) to RMB350-400/kg (USD57.6-65.9/kg) and RMB235-245/kg (USD38.7-40.4/kg) respectively in November. Chinese domestic suppliers moved down offers to promote sales, while end users just purchased from hand to mouth and delayed bulk purchases in view of the downward prices. In addition, Chinese selenium import traders reduced the purchasing volumes in order to avoid potential risks. According to data released by China Customs, China imported 113t of selenium in October, decreasing by 96t over that in the previous month, and insiders deemed that the import volume will further decrease to below 100t in November.
Meanwhile, Chinese tellurium 99.99% prices also showed a downward tendency in November, falling by RMB70/kg (USD11.5/kg) to RMB750-800/kg (USD123.5-131.8/kg). Some large end users told Asian Metal that they hold enough stocks in hand and do not plan to replenish inventories within one or two months. So demand kept weak with slow buying activity along with medium and small end users’ only purchasing to meet urgent needs.
Meanwhile, Chinese tellurium 99.99% prices also showed a downward tendency in November, falling by RMB70/kg (USD11.5/kg) to RMB750-800/kg (USD123.5-131.8/kg). Some large end users told Asian Metal that they hold enough stocks in hand and do not plan to replenish inventories within one or two months. So demand kept weak with slow buying activity along with medium and small end users’ only purchasing to meet urgent needs.
