Chinese selenium dioxide prices steady
2024-03-04 08:26:13 [Print]
BEIJING (Asian Metal) 4 Mar 24 - Most Chinese selenium dioxide 98%min suppliers firmed their prices over the past week due to limited stocks and the downstream began to place orders. Currently, the mainstream prices of Chinese selenium dioxide 98%min hover at RMB123-126/kg (USD7.76-7.94/lb) delivered D/P, in line with one week ago. Insiders forecasted that the prevailing prices of Chinese selenium dioxide 98%min would remain at the current level in the following week due to firm offers from producers.
A producer in South China mentioned that they considered selling selenium dioxide 98%min at prices no lower than RMB125/kg (USD7.88/lb) delivered D/P at present, in line with late last week. They last sold around 5t at RMB125/kg (USD7.88/lb) early this week. "We had no intention to lower prices as we had difficulty in replenishing raw materials now", said the producer. Therefore, they forecasted that the mainstream prices of Chinese selenium dioxide 98%min would remain steady in the following week.
The producer, with a production capacity of 360tpy of selenium dioxide 98%min, holds no stocks now, the same as the end of last month. They expected to produce about 25t this month, unchanged from last month.
A trader in South China revealed that they intended to sell selenium dioxide 98%min at prices no lower than RMB128/kg (USD8.07/lb) delivered D/P now, in line with one week ago. "We last sold 2t at RMB128/kg (USD8.07/lb) early this week", said the trader. As the raw material prices still stood high, most producers had no intention to lower prices. Therefore, they believed that the Chinese selenium dioxide 98%min mainstream prices would remain stable in the following days.
The trader, with a regular monthly trading volume of 20t of selenium dioxide 98%min, holds around 5t of stocks now, in line with the end of last month. They expected to sell about 25t in March, unchanged MOM.
A producer in South China mentioned that they considered selling selenium dioxide 98%min at prices no lower than RMB125/kg (USD7.88/lb) delivered D/P at present, in line with late last week. They last sold around 5t at RMB125/kg (USD7.88/lb) early this week. "We had no intention to lower prices as we had difficulty in replenishing raw materials now", said the producer. Therefore, they forecasted that the mainstream prices of Chinese selenium dioxide 98%min would remain steady in the following week.
The producer, with a production capacity of 360tpy of selenium dioxide 98%min, holds no stocks now, the same as the end of last month. They expected to produce about 25t this month, unchanged from last month.
A trader in South China revealed that they intended to sell selenium dioxide 98%min at prices no lower than RMB128/kg (USD8.07/lb) delivered D/P now, in line with one week ago. "We last sold 2t at RMB128/kg (USD8.07/lb) early this week", said the trader. As the raw material prices still stood high, most producers had no intention to lower prices. Therefore, they believed that the Chinese selenium dioxide 98%min mainstream prices would remain stable in the following days.
The trader, with a regular monthly trading volume of 20t of selenium dioxide 98%min, holds around 5t of stocks now, in line with the end of last month. They expected to sell about 25t in March, unchanged MOM.
