SMM

SMM December 19: According to official information from the Jinguan Copper Branch of Tongling Nonferrous Metals Group Co., Ltd., the recent tender for 32 mt of crude selenium was successfully concluded. The specific transaction price was not disclosed by the company, but the approximate price was less than 140 yuan/kg. Market participants indicated that compared to the transaction results of crude selenium tenders from other producers in the previous period, the transaction price for crude selenium from the Jinguan Copper Branch of Tongling Nonferrous Metals Group Co., Ltd. this week remained at a high level but did not show a continued rising trend. This suggests that as the crude selenium market approaches the end of the year, buyer interest did not see a significant increase.