Chinese selenium dioxide prices firm
2024-03-07 08:22:13 [Print]
BEIJING (Asian Metal) 7 Mar 24 - Given the steady prices of crude selenium, most Chinese selenium dioxide 98%min suppliers held their prices firm. Meanwhile, the downstream began to place orders. Currently, the mainstream prices of Chinese selenium dioxide 98%min stand 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 keep unmoved in the upcoming week supported by stable raw material prices.
A trader in Hunan noted that they refused to sell selenium dioxide 98%min at prices lower than RMB130/kg (USD8.20/lb) delivered D/P at present, without much change from one week ago. They last sold around 1t at RMB130/kg (USD8.20/lb) delivered D/P early last week. The trader said, "As we held limited stocks at present and the producers refused to lower prices due to steady raw material prices, we had no intention to sell at low prices and believed that the mainstream prices of Chinese selenium dioxide 98%min would hover at the current level in the upcoming days".
The trader, based on a regular monthly trading volume of 30t of selenium dioxide 98%min, sold around 20t in February and estimated to sell around 30t this month. They hold around 10t of stocks presently, in line with late last month.
Another trader in Hunan disclosed that they had no intention to sell selenium dioxide 98%min at prices lower than RMB128/kg (USD8.07/lb) delivered D/P now, in line with one weak ago. "We last sold around 2t at RMB128/kg (USD8.07/lb) late last week", said the trader. They forecasted that the mainstream prices of Chinese selenium dioxide 98%min would remain stable in the upcoming days due to firm prices from producers.
The trader, with a regular monthly trading volume of 10t of selenium dioxide 98%min, sold around 10t in February and expected to sell around 10t this month. They hold about 5t of stocks now, unchanged from the end of last month.
A trader in Hunan noted that they refused to sell selenium dioxide 98%min at prices lower than RMB130/kg (USD8.20/lb) delivered D/P at present, without much change from one week ago. They last sold around 1t at RMB130/kg (USD8.20/lb) delivered D/P early last week. The trader said, "As we held limited stocks at present and the producers refused to lower prices due to steady raw material prices, we had no intention to sell at low prices and believed that the mainstream prices of Chinese selenium dioxide 98%min would hover at the current level in the upcoming days".
The trader, based on a regular monthly trading volume of 30t of selenium dioxide 98%min, sold around 20t in February and estimated to sell around 30t this month. They hold around 10t of stocks presently, in line with late last month.
Another trader in Hunan disclosed that they had no intention to sell selenium dioxide 98%min at prices lower than RMB128/kg (USD8.07/lb) delivered D/P now, in line with one weak ago. "We last sold around 2t at RMB128/kg (USD8.07/lb) late last week", said the trader. They forecasted that the mainstream prices of Chinese selenium dioxide 98%min would remain stable in the upcoming days due to firm prices from producers.
The trader, with a regular monthly trading volume of 10t of selenium dioxide 98%min, sold around 10t in February and expected to sell around 10t this month. They hold about 5t of stocks now, unchanged from the end of last month.
