Chinese selenium dioxide prices stable
2024-04-24 08:28:06 [Print]
BEIJING (Asian Metal) 24 Apr 24 - Most Chinese selenium dioxide 98%min suppliers firm their prices over the past week due to limited stocks and the downstream purchases from hand to mouth. Currently, the mainstream prices of Chinese selenium dioxide 98%min hover at RMB123-126/kg (USD7.70-7.89/lb) delivered D/P, in line with one week ago. Insiders forecast that the prevailing prices of Chinese selenium dioxide 98%min would remain at the current level in the following days supported by high raw material prices.
A producer in Hunan mentions that they consider selling selenium dioxide 98%min at prices no lower than RMB123/kg (USD7.70/lb) delivered D/P at present, in line with early last week. They last sold around 3t at RMB123/kg (USD7.70/lb) late last week. "We have no intention to lower prices as we have difficulty in replenishing raw materials now", said the producer. Therefore, they forecast that the mainstream prices of Chinese selenium dioxide 98%min would remain steady in the following week.
The producer, based on a production capacity of 360tpy of selenium dioxide 98%min, expects to produce almost 20t this month, without much change from last month. They hold around 5t of stocks now, in line with late last month.
A trader in Hunan reveals that they intend to sell selenium dioxide 98%min at prices no lower than RMB120/kg (USD7.51/lb) delivered D/P now, in line with one week ago. "We last sold 3t at RMB120/kg (USD7.51/lb) early last 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 10t of selenium dioxide 98%min, expects to sell around 5t this month, in line with March. They hold around 10t of stocks now, down by about 5t from the end of last month.
A producer in Hunan mentions that they consider selling selenium dioxide 98%min at prices no lower than RMB123/kg (USD7.70/lb) delivered D/P at present, in line with early last week. They last sold around 3t at RMB123/kg (USD7.70/lb) late last week. "We have no intention to lower prices as we have difficulty in replenishing raw materials now", said the producer. Therefore, they forecast that the mainstream prices of Chinese selenium dioxide 98%min would remain steady in the following week.
The producer, based on a production capacity of 360tpy of selenium dioxide 98%min, expects to produce almost 20t this month, without much change from last month. They hold around 5t of stocks now, in line with late last month.
A trader in Hunan reveals that they intend to sell selenium dioxide 98%min at prices no lower than RMB120/kg (USD7.51/lb) delivered D/P now, in line with one week ago. "We last sold 3t at RMB120/kg (USD7.51/lb) early last 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 10t of selenium dioxide 98%min, expects to sell around 5t this month, in line with March. They hold around 10t of stocks now, down by about 5t from the end of last month.
