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Selenium, tellurium prices could rise on increased demand in China
February 13, 2014 - 21:41 GMT
Prices for selenium and tellurium are expected to strengthen after demand for the materials jumped in China, sources told Metal Bulletin on Thursday February 13.
Selenium prices stayed level at $24-28 per lb on Wednesday,
while tellurium prices held at $80-110 per kg. Demand for
selenium rose to levels not seen since last summer, sources
said, prompting many to anticipate that prices will pick up in
the near future. "If I were to have 30 or 50 tonnes of
selenium, I would have sold it all. It is the typical Chinese
market. They either all run away or they all run into the
market together – it is amazing," a producer said.
"They are now bidding at $24.50...
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Euromoney Institutional Investor PLC.
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