The Selenium market held sideways last week as sources have indicated a flat buying trend. Prices for selenium remained at $30-32 per lb, no variation since the latter portion of September. With most buyers seeking small cyclical volumes, demand has not been significant enough to warrant price changes, sources said. “Everything being moved is all small stuff,” said a seller. “There is no much to move the market in either direction right now. I suspect it should stay flat this quarter.” Some sources noted some interst in forward buying and possible contracts as a cause for limited spot movement, yet it remained speculative.
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