Weekly Review of selenium Market (7.8-7.12) the amount of operation of wait-and-see mentality in selenium market is limited.

Published: Jul 12, 2019 17:07

This week, the domestic selenium market consumption is weak, the same supply-side holding mentality is stable, the overall market participation is also obviously depressed, the quotation is flat within the week.

Selenium powder: foreign media quotations up to Friday 99.9% selenium powder quoted at 8.5 US $10 / lb, the average price is the same as last Friday. Although overseas selenium powder prices have hovered around US $8 to US $9 per pound for five months, importers have reported that the selenium powder market has been weak recently, overseas supply is also in excess of demand, and selenium powder consumption is still dominated by long-term single execution, and the latter is in a dilemma. During the summer, the downstream output of domestic terminal glass and ceramics decreased, the purchase of selenium powder decreased, and the transaction improved slightly in order to ensure the moderate opening of the negotiation price of customers. By the end of the week, the transaction price of SMM 99.9% selenium powder was 135 to 160 yuan / kg, and the average price was 5 yuan / kg lower than that of last week.

Two selenium: the domestic electrolytic manganese market has been stable for a long time, and the price of two selenium has stabilized for a long time, so that the purchasing mentality of manganese factory is certain, and the raw material crude selenium of two selenium suppliers is not much cheap, and the holding cost can not be reduced. Therefore, the quotation insists that the market inquiry order is limited, and the price increase atmosphere cannot be achieved. Therefore, the transaction price of selenium dioxide is unchanged at 85 to 90 yuan / kg during the week.

Crude selenium: overseas crude selenium transactions are good some time ago, domestic selenium powder and some selenium producers have been kept, the willingness to purchase within the week is not enough, and the intention of domestic copper enterprises to ship is not clear, so there is little movement in crude selenium trading within the week, the price is still stable at 88-108 yuan / kg.

"check out the historical price of exclusive selenium in SMM

Summer break import and export is still dominated by long single execution, short single trading is relatively light, selenium powder is still in a weak and stable. Electrolytic manganese consumption has a weak performance, the second selenium transaction is expected to be difficult to enlarge, the price will remain stable next week. Copper enterprises crude selenium brewing willingness to ship, of course, but also need to see whether the price negotiations are acceptable, it is estimated that the fluctuation is limited.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
China's Bismuth Trioxide Exports Surge in March 2026, Showing Steady Growth Trend
Apr 29, 2026 14:13
China's Bismuth Trioxide Exports Surge in March 2026, Showing Steady Growth Trend
Read More
China's Bismuth Trioxide Exports Surge in March 2026, Showing Steady Growth Trend
China's Bismuth Trioxide Exports Surge in March 2026, Showing Steady Growth Trend
According to customs data, China's bismuth trioxide export volume in March 2026 stood at 1,100.23 metric tons, compared to 753.74 metric tons in February 2026, showing a continued month-on-month increase. Looking at the overall trend in export volumes, from September 2025 onward, China's bismuth trioxide exports have increased almost every month, indicating that domestic exporters remain highly motivated and overseas demand is also rising significantly.
Apr 29, 2026 14:13
Hunan Company Sells 600 Tons of Bismuth Concentrate Above Reserve Price in April 2026 Auction
Apr 28, 2026 09:05
Hunan Company Sells 600 Tons of Bismuth Concentrate Above Reserve Price in April 2026 Auction
Read More
Hunan Company Sells 600 Tons of Bismuth Concentrate Above Reserve Price in April 2026 Auction
Hunan Company Sells 600 Tons of Bismuth Concentrate Above Reserve Price in April 2026 Auction
SMM, April 28 - According to market sources, a company in Hunan has started a competitive bidding process for the sale of its 600 metric tons (in physical weight) of bismuth concentrate for April 2026, with all lots successfully sold in the end. Reliable sources indicate that the final transaction price was above the reserve price of 115,000 yuan per metal metric ton. However, the seller is unwilling to disclose the exact transaction price.
Apr 28, 2026 09:05
Hunan Company Opens Bidding for 600 Tons of Bismuth Concentrate, Deadline Set for April 24
Apr 23, 2026 11:41
Hunan Company Opens Bidding for 600 Tons of Bismuth Concentrate, Deadline Set for April 24
Read More
Hunan Company Opens Bidding for 600 Tons of Bismuth Concentrate, Deadline Set for April 24
Hunan Company Opens Bidding for 600 Tons of Bismuth Concentrate, Deadline Set for April 24
SMM April 23 News: According to an official announcement from a company in Hunan Province, bidding for the sale of 600 metric tons (in physical content) of bismuth concentrate under its production for April 2026 begins today. The deadline for registration and bid submission is 2:30 PM on April 24. The minimum bid price for this auction is set at 115,000 yuan per metal ton. Bids submitted below 115,000 yuan per metal ton will be considered invalid. Given that the bidding window is only one day long, market participants speculate that the probability of a successful transaction is relatively high.
Apr 23, 2026 11:41
Weekly Review of selenium Market (7.8-7.12) the amount of operation of wait-and-see mentality in selenium market is limited. - Shanghai Metals Market (SMM)