Selenium-Tellurium Market Report May 2016

During May, although prices for selenium powder in the Chinese market were stable on the whole, domestic traders generally took a wait-and-see attitude affected by fluctuations in prices of European material, with several of them raising their prices, but only able to close limited deals.Asian Metal Copyright Prices for the material are expected to continue to slip in the coming week owing to almost nonexistent demand in the Chinese market.Asian Metal Copyright Consumers had little interest in making purchases due to feeble demand.Asian Metal Copyright It is anticipated that the effect of the increase in MB prices on the Chinese market will become obvious in June; however, prices remain lack of upward momentum as the oversupply continues to be a plague in the Chinese market currently.Asian Metal Copyright It is anticipated that the effect of the increase in MB prices on the Chinese market will become obvious in June; however, prices remain lack of upward momentum as the oversupply continues to be a plague in the Chinese market currently.

Demand for Chinese tellurium metal remained fairly sluggish during this month with prices moving down sharply. Prices for the material are expected to continue to slip in the coming week owing to almost nonexistent demand in the Chinese market.

.Asian Metal CopyrightDuring May, although prices for selenium powder in the Chinese market were stable on the whole, domestic traders generally took a wait-and-see attitude affected by fluctuations in prices of European material, with several of them raising their prices, but only able to close limited dealsAsian Metal Copyright