Weekly review of selenium market (6.24 to 6.28): the trading situation in selenium market is flat and the price is stable as a whole.

Published: Jun 28, 2019 17:13

This week, the selenium market is still relatively calm, the market trading situation has not changed much, the demand performance also continues to wait and see. By Friday, foreign media selenium powder was quoted at US $8.5 to US $10.5 per pound, with the high end and low end unchanged from last week. Overseas prices are stable, the domestic selenium powder market although the transaction situation is relatively light, but the supplier confidence is still the same, the price sentiment is heavy. By Friday, the price of selenium powder in China was 140 to 165 yuan / kg, unchanged from last week.

In terms of selenium, prices remained stable this week, reaching 85 to 90 yuan / kg on Friday, unchanged from Friday. Recently, the electrolytic manganese market in the lower reaches of selenium has maintained a steady running trend, and the selenium market, as a raw material, is stable to the future market. As a result, some suppliers have even raised their quotations, and some low-cost processing resources in the market have gradually disappeared. However, due to the weak price of crude selenium, the price increase has not had any effect, and the price of selenium is still stable in a week.

In terms of crude selenium, due to the middle of the year, some copper enterprises due to changes in sales strategy, their crude selenium shipment willingness to slightly enhance, some brands appear some low-price transaction list, good brand high-quality source price is still strong. By Friday, the price was 88 to 108 yuan / kg, down 3.5 yuan / kg from Friday.

"check out the historical price of exclusive selenium in SMM

Next week forecast: it is expected that the selenium market will continue to run smoothly next week, foreign countries gradually enter the summer break, supply and demand situation changes need to be closely watched.

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
A mine in Henan opened bids for a 300 mt tungsten concentrate auction on February 6.
22 hours ago
A mine in Henan opened bids for a 300 mt tungsten concentrate auction on February 6.
Read More
A mine in Henan opened bids for a 300 mt tungsten concentrate auction on February 6.
A mine in Henan opened bids for a 300 mt tungsten concentrate auction on February 6.
[Tungsten Concentrate Tender Information] SMM February 7: A mine in Henan conducted an online tender on February 6 to sell 300 metric tons of low-grade tungsten concentrate. Lot A had an average WO3 grade of ≥25%, while Lots B and C had an average WO3 grade of ≥22%. The tender results for each lot are as follows: Lot A: 100 metric tons, tender price of 10,155 yuan/mtu. Lot B: 100 metric tons, tender price of 10,160 yuan/mtu. Lot C: 100 metric tons, tender price of 10,155 yuan/mtu.
22 hours ago
Ganzhou Tungsten Association Significantly Raises Tungsten Price Forecast for February 2026
22 hours ago
Ganzhou Tungsten Association Significantly Raises Tungsten Price Forecast for February 2026
Read More
Ganzhou Tungsten Association Significantly Raises Tungsten Price Forecast for February 2026
Ganzhou Tungsten Association Significantly Raises Tungsten Price Forecast for February 2026
[Ganzhou Tungsten Industry Association's February Tungsten Price Forecast] The Ganzhou Tungsten Industry Association's forecast prices for the tungsten market in February 2026 are as follows: 55% black tungsten concentrate at 670,000 yuan per metric ton unit, up 210,000 yuan per metric ton unit MoM from the January price, an increase of 45.65%; ammonium paratungstate at 970,000 yuan/mt, up 300,000 yuan/mt MoM, an increase of 44.78%; medium-grain tungsten powder at 1,630 yuan/kg, up 480 yuan/kg MoM, an increase of 41.74%.
22 hours ago
Tungsten Market Rallies Strongly, Long-Term Contract Prices Surge & Domestic-Overseas Markets Link Up
22 hours ago
Tungsten Market Rallies Strongly, Long-Term Contract Prices Surge & Domestic-Overseas Markets Link Up
Read More
Tungsten Market Rallies Strongly, Long-Term Contract Prices Surge & Domestic-Overseas Markets Link Up
Tungsten Market Rallies Strongly, Long-Term Contract Prices Surge & Domestic-Overseas Markets Link Up
Driven by tight spot raw material supply, a sharp hike in corporate long-term contract prices and festive effects, the tungsten market saw price rises on shrinking volumes this week with domestic and overseas markets moving up in tandem; the strong short-term trend is set to continue, and attention should be paid to the resumption of cemented carbide production, scrap tungsten supply and downstream demand release after the Spring Festival.
22 hours ago
Weekly review of selenium market (6.24 to 6.28): the trading situation in selenium market is flat and the price is stable as a whole. - Shanghai Metals Market (SMM)