Northern Refinery's Crude Selenium Tender Fails to Attract Bidders, Market Remains Steady

Published: May 25, 2026 10:05

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Shanghai Metals Market (SMM) reported on May 28 that, according to reliable market sources, a northern refinery’s tender for the sale of 33 tonnes of crude selenium ultimately failed to close. The auction required at least three bidders to proceed, but sources indicate that the tender fell short of this minimum, forcing its cancellation. Market participants note that recent trading in selenium dioxide and selenium powder has been steady, with end-users likely to hold off on large-scale stockpiling until June.

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