SMM February 24 News: According to market rumors, the recent open sales tender for over 20 mt of crude selenium by a major northern plant, which has drawn market attention, is said to have been fully and smoothly concluded. Although the official transaction price is not disclosed, sources from some market participants involved in the bidding revealed that the final actual transaction price was no less than 185 yuan/kg. Market participants indicated that, based on the tender results for selenium, the price is indeed not low and may even be considered to have set a new high. This suggests that the upward trend in selenium prices continues unabated, indicating that crude selenium market resources remain relatively tight, and buying interest from end-users and speculative buyers shows no signs of weakening.

SMM News on February 4: According to market rumors, a major plant in East China recently conducted a public sales tender for 32 tons of crude selenium, which has attracted considerable market attention. It is reported that the entire batch was successfully sold, though the specific transaction price was not officially disclosed. According to some market participants involved in the bidding, the final actual transaction price was around 185 yuan per kilogram. Market analysts noted that the results of the selenium tender once again set a new recent high, indicating that the upward trend in selenium prices continues unabated. Despite the year-end approaching, buying interest from end-users and speculative buyers in the crude selenium market has not weakened in any way.

SMM February 4 news: According to market rumors, the recent public tender for 32 mt of crude selenium by a major plant in east China was reportedly fully and successfully transacted. Although the official transaction price was not disclosed, some market participants involved in the bidding revealed that the final actual transaction price was around 185 yuan/kg. Market participants indicated that the tender results for selenium once again set a recent high, and the upward trend in selenium prices continued unabated. This suggests that despite the crude selenium market approaching the end of the year, buying interest from end-users and speculative buyers showed no signs of weakening.

SMM News, June 25 – According to an official announcement from Jinguan Copper, a subsidiary of Tongling Nonferrous Metals Group Co., Ltd., the company began publicly selling 32 metric tons of crude selenium yesterday, though the reserve price was not disclosed. The deadline for bid submissions is June 25, 2025. Market observers noted that the one-day bidding window suggests the seller has strong confidence in offloading this batch of crude selenium. Recently, many selenium producers have ramped up tenders for selling selenium products. Some manufacturers have increased shipments ahead of mid-year, putting downward pressure on selenium prices. The rise in crude selenium supply from producers has sustained market oversupply, keeping prices weak across selenium products—including selenium dioxide—with a clear downward trend. Some analysts also highlighted that the outcome of Tongling Nonferrous Metals Group’s tender will be crucial, as it may indicate the price resilience of crude selenium. SMM will continue to monitor developments.

On June 13, at the 2025 SMM (13th) Minor Metal Industry Conference - Rare and Scattered Metals Forum (Indium, Germanium, Gallium, Bismuth, Selenium, Tellurium), hosted by Shandong Humon Smelting Co., Ltd. and SMM Information & Technology Co., Ltd., Long Wensheng, General Manager of Changsha Aochang Nonferrous Metals Co., Ltd., elaborated on "The Current Application Status and Future Prospects of Minor Metal Selenium.

SMM May 16 News: After a period of stable consolidation in the domestic selenium product market prices, entering the first half of May, the demand from the terminal sector continued to show a weak off-season trend. Additionally, many manufacturers began to tender for crude selenium, causing the overall selenium prices to weaken slightly. However, as the current selenium prices are at a historical low over the past three years, the overall cost of selenium restricts many manufacturers from further reducing their selling prices, especially for selenium powder and selenium ingots. Nevertheless, due to the recent increase in tenders for selenium products such as crude selenium in the market, the prices of crude selenium and selenium dioxide have still weakened. According to official news from Daye Nonferrous Metals Group Holding Co., Ltd., 15 mt (metal content) of crude selenium, which was recently put up for public sale, has been successfully traded. SMM learned that the official starting price was 140,000 yuan/mt (metal content), and market rumors suggest that the difference between the starting price and the final transaction price was relatively small. According to official news from Guangxi Nanko Copper Co., Ltd., bidding sales for 4,000 kg of selenium ingots (99.99%) under its banner began today. The specifications and model are as follows: Cu: ≤0.0003; Hg: ≤0.0003; As: ≤0.0005; Sb: ≤0.0005; Te: ≤0.0010; Fe: ≤0.0010; Pb: ≤0.0005; Ni: ≤0.0005; Bi: ≤0.0005; Mg: ≤0.0008; Al: ≤0.0008; Si: ≤0.0009; B: ≤0.0005; S: ≤0.004; Sn: ≤0.0005; total impurity content: ≤0.01, packaged in wooden boxes. The official starting price was not disclosed. The deadline for this quotation is 10:50 on May 16, 2025. Currently, market participants are closely monitoring the ongoing and future tender situations. At present, the average price of SMM crude selenium is 142.5 yuan/kg, the average price of selenium dioxide is 117.5 yuan/kg, the average price of 99.9% selenium powder is 195 yuan/kg, and the average price of 99.99% selenium powder is 280 yuan/kg.

Jinlong Copper's Crude Selenium Bidding Successfully Concluded

SMM March 31 News: According to official information from Jinlong Copper Co., Ltd., Jinlong Copper recently publicly sold approximately 32 mt of physical weight, with an estimated metal content of around 24 mt of crude selenium, which was successfully transacted. According to information obtained by SMM, the final buyer of this batch of crude selenium was not disclosed by the official, but the final transaction price was officially stated to have reached 155,000 yuan/mt.

Selenium is a chemical element with the symbol Se and atomic number 34. It is a non-metal that exists in several different forms or allotropes. The most stable form is a dense purplish-gray semimetallic form, which conducts electricity better in the light than in the dark, making it a coveted component in various industrial applications. Given its unique properties, Selenium is utilized in a range of sectors, from technology to healthcare, making it a highly valuable element.

As an important chemical raw material, the market price of selenium is affected by a combination of factors. Changes in the international trade environment and the strict implementation of environmental protection policies have a significant impact on the supply, demand and cost of selenium, which in turn fluctuates selenium price. At the same time, selenium's physical properties and wide range of application scenarios also contribute to its growing market demand. In order to accurately grasp the dynamics of selenium prices, we need to pay close attention to the international trade situation, policy adjustments as well as changes in market supply and demand, and make scientific decisions in order to cope with market challenges and ensure the stable development of the selenium industry.