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 (GMT+8)

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 for 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
Baiyin Nonferrous Launches Tender for 230 Tonnes of Crude Cadmium, Auction Set for Oct 9, 2026
Sep 24, 2026 18:04 (GMT+8)
Baiyin Nonferrous Launches Tender for 230 Tonnes of Crude Cadmium, Auction Set for Oct 9, 2026
Read More
Baiyin Nonferrous Launches Tender for 230 Tonnes of Crude Cadmium, Auction Set for Oct 9, 2026
Baiyin Nonferrous Launches Tender for 230 Tonnes of Crude Cadmium, Auction Set for Oct 9, 2026
SMM News, September 24: SMM has learned that the Northwest Lead-Zinc Smelter of Baiyin Nonferrous Group is launching a public tender for the sale of approximately 230 tonnes of crude cadmium. According to official details, the bidding floor price will be set at SMM average price minus a discount of 1,820 yuan per tonne, with the highest bidder to win the auction. The tender will only proceed if a minimum of three bidders register. Bidding will commence at 15:00 on October 9, 2026. Market participants commented that given the recent strong cadmium prices, this tender warrants close attention. To a certain extent, it can reflect the strength of market demand and serve as a reference for the future direction of cadmium prices.
Sep 24, 2026 18:04 (GMT+8)
A major plant in Southwest China successfully won the bid for 25 mt in metal content of crude selenium [SMM Selenium]
Sep 24, 2026 09:11 (GMT+8)
A major plant in Southwest China successfully won the bid for 25 mt in metal content of crude selenium [SMM Selenium]
Read More
A major plant in Southwest China successfully won the bid for 25 mt in metal content of crude selenium [SMM Selenium]
A major plant in Southwest China successfully won the bid for 25 mt in metal content of crude selenium [SMM Selenium]
Sep 24, 2026 09:11 (GMT+8)
Chinese Smelter Sells Crude Selenium at Steady Price of 139 Yuan/kg, Future Trends Uncertain
Sep 23, 2026 14:35 (GMT+8)
Chinese Smelter Sells Crude Selenium at Steady Price of 139 Yuan/kg, Future Trends Uncertain
Read More
Chinese Smelter Sells Crude Selenium at Steady Price of 139 Yuan/kg, Future Trends Uncertain
Chinese Smelter Sells Crude Selenium at Steady Price of 139 Yuan/kg, Future Trends Uncertain
SMM News, September 23: According to market sources, a smelter in northern China has successfully concluded a tender for the sale of a batch of crude selenium at a transaction price of approximately 139 yuan per kilogram. Judging from the results of this crude selenium sale, crude selenium prices remain steady and strong at present, yet the future price trend still requires monitoring.
Sep 23, 2026 14:35 (GMT+8)