Low stocks for spot buying support selenium prices in Europe

Selenium prices in Europe have risen in the past two pricing sessions, against the backdrop of limited spot material availability and higher prices in China.

Fastmarkets most recently assessed the price of selenium, 99.5% Se min, in-whs Rotterdam, at $8.20-9.20 per lb on Friday May 21, up from $7.90-9.00 per lb in the previous session two days earlier. The price was up by 10.2% from $7.40-8.30 per lb a month ago amid improved liquidity.
On the buy side, transactions have been reported at $8.20-9.20 per lb depending on the brand. There was also one purchase at a price above the top end of the range, closer to $9.50 per lb, for a specific brand, but in general prices of more than $9.00 per lb were still facing resistance from buyers.

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