Selenium-Tellurium Market Report December 2013
2014-01-23 08:54:05 【Print】
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Chinese selenium dioxide suppliers held stocks and were unwilling to sell at the beginning of December as the market price fell to below the production cost line in late November, which drove prices to rebound quickly by RMB20/kg (USD3.3/kg) from RMB230-240/kg (USD38.0-39.7/kg) to RMB250-260/kg (USD41.3-43.0/kg) in early December. Some end users increased purchasing quantities in case of higher prices. Accordingly, selenium 99.9% moved up by RMB10/kg (USD1.7/kg) to RMB360-410/kg (USD59.5-67.7/kg) in China and prices remained stable for the rest of the month.
In addition, Chinese tellurium 99.99% market continued to be sluggish in December, and the mainstream prices dropped by RMB10/kg (USD1.7/kg) to RMB740-790/kg (USD122.3-130.1/kg) through the month. Most users just purchased from hand to mouth in view of the abundant supply. However, some suppliers begun to hold stocks and were reluctant to sell the material late the month as costs stayed firm.
In addition, Chinese tellurium 99.99% market continued to be sluggish in December, and the mainstream prices dropped by RMB10/kg (USD1.7/kg) to RMB740-790/kg (USD122.3-130.1/kg) through the month. Most users just purchased from hand to mouth in view of the abundant supply. However, some suppliers begun to hold stocks and were reluctant to sell the material late the month as costs stayed firm.
