Chinese selenium powder prices stable
2024-04-28 08:39:42 [Print]
BEIJING (Asian Metal) 28 Apr 24 - Most Chinese selenium powder 99.9%min suppliers hold their prices stable over the past week given the steady raw material prices and the downstream purchases as scheduled. Currently, the mainstream prices of Chinese selenium powder 99.9%min remain at RMB183-188/kg (USD11.46-11.77/lb) delivered D/P, in line with one week ago. Insiders predict that the prevailing prices of Chinese selenium powder 99.9%min would remain at the current level in the upcoming week supported by firm crude selenium prices.
A producer in Hunan discloses that they consider selling selenium powder 99.9%min at RMB190/kg (USD11.89/lb) delivered D/P and accept the price as low as RMB187/kg (USD11.71/lb) today, in line with one week ago. "We last sold around 3t at RMB187/kg (USD11.71/lb) delivered D/P early this week", said the producer. They intend to firm prices supported by steady raw material prices and predict that the mainstream prices of Chinese selenium powder 99.9%min would remain stable in the following days.
The producer, with a production capacity of 600tpy of selenium powder 99.9%min, expects to produce about 30t this month, up by 5t from last month. They hold 5t of stocks now, the same as late last month.
A trader in Hunan reveals that they could accept the price as low as RMB188/kg (USD11.77/lb) for selenium powder 99.9%min, in line with one week ago. "We last sold around 5t at RMB188/kg (USD11.77/lb) delivered D/P early this week", said the trader. Given that most downstream buyers purchased as scheduled and most suppliers refuse to sell at lower prices due to high crude selenium prices, they believe that the mainstream prices of Chinese selenium powder 99.9%min would keep stable in the following days.
The trader, with a monthly trading volume of 10t of selenium powder 99.9%min, holds around 5t of stocks now, unchanged MoM. They expect to sell around 10t in April, similar to last month.
A producer in Hunan discloses that they consider selling selenium powder 99.9%min at RMB190/kg (USD11.89/lb) delivered D/P and accept the price as low as RMB187/kg (USD11.71/lb) today, in line with one week ago. "We last sold around 3t at RMB187/kg (USD11.71/lb) delivered D/P early this week", said the producer. They intend to firm prices supported by steady raw material prices and predict that the mainstream prices of Chinese selenium powder 99.9%min would remain stable in the following days.
The producer, with a production capacity of 600tpy of selenium powder 99.9%min, expects to produce about 30t this month, up by 5t from last month. They hold 5t of stocks now, the same as late last month.
A trader in Hunan reveals that they could accept the price as low as RMB188/kg (USD11.77/lb) for selenium powder 99.9%min, in line with one week ago. "We last sold around 5t at RMB188/kg (USD11.77/lb) delivered D/P early this week", said the trader. Given that most downstream buyers purchased as scheduled and most suppliers refuse to sell at lower prices due to high crude selenium prices, they believe that the mainstream prices of Chinese selenium powder 99.9%min would keep stable in the following days.
The trader, with a monthly trading volume of 10t of selenium powder 99.9%min, holds around 5t of stocks now, unchanged MoM. They expect to sell around 10t in April, similar to last month.
