Baiyin Nonferrous Group Co., Ltd. Held a Competitive Sale of 33 mt of Crude Selenium on the 27th [SMM Selenium Report]

Published: Mar 27, 2026 12:09

SMM News, March 27: According to official information from Baiyin Nonferrous Group Co., Ltd., Baiyin Nonferrous Group plans to sell 33 mt of crude selenium, with pricing to be determined through bidding on premiums. The floor premium is 5,000 yuan/mt. This project requires three registered participants for the auction to proceed normally. The registration deadline is 17:00 on March 30, 2026. Bidding will begin at 15:00 on March 31, 2026. As recent market transaction conditions for crude selenium tenders have been favorable, with relatively high transaction prices, market participants expect the results of this premium auction to be worth looking forward to.

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SMM March 27 News: According to an official announcement from Baiyin Nonferrous Group Co., Ltd., the company plans to sell 33 tons of crude selenium through a bidding process, where participants will bid on the premium/discount price. The floor premium is set at RMB 5,000/ton. The bidding will proceed only if at least three companies register. The registration deadline is 5:00 PM on March 30, 2026, and the bidding will begin at 3:00 PM on March 31, 2026. Given that recent crude selenium bidding tenders have seen strong transaction prices, market participants expect the outcome of this premium bidding to be noteworthy.
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