Chinese selenium market sluggish amid bearish sentiment

China’s selenium prices stabilized on Friday July 28 following continual declines since early June. Bearish market sentiment, however, persisted due to a lack of spot transactions and lower production costs, sources told Fastmarkets.

Fastmarkets’ weekly price assessment for selenium 99.9% Se min, in-whs China, was 200-220 yuan ($27-30) per kg on Friday July 28, unchanged from the previous assessment on July 21.