A return of buying activity in the selenium market and larger traded volumes since the start of 2021 have renewed price optimism among some market participants.
Fastmarkets assessed the price of selenium, 99.5% Se min, in-whs Rotterdam at $6-7 per lb on Friday January 29, stable from the midweek assessment but up by 8.3% from $5.50-6.50 per lb a month ago amid improved liquidity."There is not so much material available in Europe, it is a tight market," a trader said. "Replacement costs are increasing while delays with freight make it difficult to get...