Selenium-Tellurium Market Report April 2015
2015-06-01 16:25:26 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
Please contact us for a subscription.
Please contact us for a subscription.
China’s imports of selenium reached 290t in March, surging by over 100%, both month and month and year on year, which greatly increased the supply in April
The two largest Chinese tellurium 99.99% producers suspended sales of the material in April due to the low prices. As a result, the price declines narrowed to RMB10/kg (USD1.6/kg) during the month, with prices reaching RMB500-530/kg (USD80 . 6-85.5/kg) at the end . However, there had been no signs of demand rebounding in downstream industries, such as refrigeration flakes, and most consumers still held enough stocks, only making purchases in small quantities . Traders also reduced their buying in order to avoid potential losses . The market saw sluggish movement during the month.
. Nevertheless, many glass and ceramic plants continued to reduce or delay their purchases of selenium 99 . 9%, impacted by the gloomy downstream market and stricter environmental inspections by the government . Chinese selenium 99.9% prices fell by a further RMB20/kg (USD3.2/kg) during April to RMB280-300/kg (USD45 . 2-48.4/kg) . Meanwhile, although some medium and large-scale manganese producers resumed or even expanded their production, reductions at the smaller plants became more widespread in late April as a result of the slump in manganese flake prices. The quantity of selenium dioxide 98% purchased showed a downward trend due to the abundant supply, causing mainstream offers to drop by RMB25/kg (USD4.0/kg) to RMB165-175/kg (USD26 . 6-28.2/kg) over the course of April.The two largest Chinese tellurium 99.99% producers suspended sales of the material in April due to the low prices. As a result, the price declines narrowed to RMB10/kg (USD1.6/kg) during the month, with prices reaching RMB500-530/kg (USD80 . 6-85.5/kg) at the end . However, there had been no signs of demand rebounding in downstream industries, such as refrigeration flakes, and most consumers still held enough stocks, only making purchases in small quantities . Traders also reduced their buying in order to avoid potential losses . The market saw sluggish movement during the month.