Selenium price rally continues on producer tightness

Selenium prices were up again on Wednesday March 15, with production problems at Asian producers and a lack of material at sold-out European producers weighing on supply.

Metal Bulletin’s selenium quotation has moved up by 5.5% to $16-17.75 per lb, hitting fresh two-year highs and taking prices 3.5 times higher than in the same period of last year. Prices started to rise rapidly early in December and European producers found themselves sold out for the first quarter of 2017. Availability has fallen further in the past few weeks because several producers in Asia have run into difficulties. "The glass industry, our main field, has been growing steadily......

Published

James Heywood

March 16, 2017

11:29 GMT

London

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