Jilang Indium Industry to Sell 1,000 kg of Crude Indium Ingots, Bids Due by April 7, 2026 Deadline

SMM, May 12 – According to an official announcement from a Hunan-based company, bidding for the sale of 700 physical tonnes of bismuth concentrate under its May 2026 production begins today. The registration and bidding deadline is 15:30 on May 13. The final settlement quantity will be based on actual on-site weighing. This 700‑tonne batch is currently stored at the company’s warehousing centre. According to the official announcement, only one bidding session will be held for the full 700 physical tonnes, with the settlement quantity determined by actual sampling and weighing on site.

SMM May 12 – According to official information from Baiyin Nonferrous Group Co., Ltd., the company plans to sell 33 tonnes of crude selenium, with pricing based on a competitive bidding process for a premium/discount. The floor discount is set at RMB 4,000/tonne. The project requires at least three bidders to register before the auction can proceed as scheduled. The registration deadline is 17:00 on May 14, 2026. The bidding will begin at 10:00 on May 15, 2026. Given the recent strong trading prices for crude selenium tenders in the market, market participants expect the outcome of this premium bidding to be promising.

Silicon Metal: The silicon market trended stronger after the Labour Day holiday. This round of futures strength was primarily driven by macro and capital momentum. Silicon enterprises hedged in batches on rallies, cargo rights gradually shifted to futures-spot traders, and rigid demand provided support, with spot prices passively following the upward trend. From an industrial perspective, the expected increase in silicon metal supply in June carries relatively high certainty, which suppresses the sustainability of subsequent price rises. The tug-of-war between longs and shorts in the market has intensified. Going forward, key areas to watch include shifts in capital logic, changes in macro sentiment, and the pace of production resumption on the industrial side.