Selenium-Tellurium Market Report February 2015

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.Asian Metal Copyright9% were significantly reduced in February.Asian Metal Copyright9% were significantly reduced in February. However, the prevailing prices in the country were generally stable between RMB350-370/kg (USD56.Asian Metal CopyrightAffected by the Spring Festival holiday, as well as poor demand from downstream industries like glass and ceramics, Chinese consumers’ purchasing quantities for selenium 99.Asian Metal Copyright4-59.6/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.Asian Metal Copyright6kg to RMB220-230kg USD35.Asian Metal Copyright4-37.0/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.Asian Metal Copyright However, the prevailing prices in the country were generally stable between RMB350-370kg USD56.Asian Metal Copyright6-93.4/kg).Asian Metal Copyright9% were significantly reduced in February.Asian Metal Copyright Suppliers were forced to promote sales by reducing offers after coming under greater financial pressure.
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