SMM

SMM reported on July 9: According to unofficial sources from the market, the public inquiry and procurement of selenium dioxide conducted by Sichuan Zhongzhe New Material Technology Co., Ltd. recently concluded successfully. The final transaction price was reportedly around 90 yuan/kg, and the identity of the winning bidder remains unclear. Market participants indicated that several manganese factories have begun to procure selenium dioxide this week, with bidding prices hovering around 90 yuan/kg. This suggests that the current price of selenium dioxide is relatively firm, and many market observers believe that the price around 90 yuan/kg may represent a short-term bottom.