SMM

SMM July 31 News: According to the official news from Baiyin Nonferrous Group Co., Ltd., the group successfully sold 33 mt of crude selenium in July 2025, with the transaction price reaching over 122,000 yuan/mt. Many market participants expressed surprise that the competition for crude selenium resources suddenly heated up as the market entered late July and early August, far exceeding market expectations. Market insiders said that the rebound in crude selenium prices to some extent reflected the recovery of the selenium dioxide market. Whether the peak season for end-users has arrived early remains to be seen, but market confidence has begun to strengthen.