SMM October 15th News: According to official information from Yunnan Copper Industry Technology Development Co., Ltd., the recently publicly sold 30-ton batch of selenium ingots was successfully finalized yesterday. SMM has learned that this batch consists of 99% purity crude selenium ingots. The final buyer was not disclosed by the company, which only mentioned that it was acquired by a manufacturing enterprise. The official transaction price was stated to be around 135,000 yuan per ton. This price is almost the same as the previous tender result and remains notably high, which aligns with market expectations. Following the news, crude selenium suppliers in the market have become even more reluctant to sell, leading to a wait-and-see attitude in both the selenium dioxide and refined selenium markets. Many market participants have raised their offer prices, and industry insiders continue to emphasize that with the persistent strength in crude selenium raw material costs, the production costs of selenium dioxide have already reached elevated levels, making low-price sales unlikely.
Oct 15, 2025 09:02