Weekly Review of selenium Market (7.1-7.5) selenium market supply and demand is not strong market is stable

Published: Jul 5, 2019 17:44

This week, the domestic selenium market continues to be stable, manufacturers basically maintain normal production, downstream consumption is not exuberant, prices are stable, there are no signs of loosening.

Today, 99.9% selenium powder of SMM sold for 140 RMB 165 yuan / kg, 99.9% selenium ingot sold for 145 RMB 170 RMB / kg, crude selenium sold for 88 RMB 108 RMB / kg, and selenium dioxide traded for 85 RMB 90 RMB / kg, which was the same as last Friday.

In foreign media, 99.9% selenium powder was quoted at $8.5 to $10 a pound as of Friday, down from a high of $0.50 a pound on Friday. It is time for the summer break, overseas market consumption is still light, high price transactions have become weaker.

Generally speaking, the domestic selenium powder transaction is dull, although the inside and outside hang upside down, the importer cost factor quotation insists, but the downstream is also difficult to accept, at present the two sides stalemate stage.

In terms of selenium dioxide, the overall supply is stable, and some processing households have a small supply due to production difficulties; the supply of goods from manufacturers is stable, and the downstream on-demand procurement is in the market, and the transaction is still kept near the average price of the non-ferrous network.

In terms of crude selenium, in addition to a small amount of downstream stock, the overall trading volume this week is less; the quotation of large factories is strong, the willingness of small and medium-sized brands to ship is strong, but the purchase of selenium is not clear under the direction of the purchase is still more hesitant.

"check out the historical price of exclusive selenium in SMM

SMM believes that as we officially enter the summer break, the situation of weakening consumption at home and abroad is difficult to change, and the selenium market is expected to change next week.

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.
19 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.
19 hours ago
Ganzhou Tungsten Association Significantly Raises Tungsten Price Forecast for February 2026
19 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%.
19 hours ago
Tungsten Market Rallies Strongly, Long-Term Contract Prices Surge & Domestic-Overseas Markets Link Up
19 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.
19 hours ago