SMM

SMM July 24 News: According to the official announcement from Baiyin Nonferrous Group Co., Ltd., the company plans to sell 33 mt of crude selenium in July 2025. The pricing will be based on the average price of crude selenium on Shanghai Metals Market (SMM) over five consecutive working days from the date of successful auction, plus premiums and discounts. Bidding for the premiums and discounts is now underway. The base price for discounts is 3,000 yuan/mt. This project requires a minimum of three participants to register before the auction can proceed normally. Bidding deadline: 10:00:00 on July 31, 2025.