Weekly Review of selenium Market (3.30-4.3) calm Price and stable Operation of selenium City at the end of the month

Published: Apr 3, 2020 17:52

This week, the trend of the domestic selenium market is clear, selenium prices remain stable; upstream and downstream on-demand procurement, normal trading.

Today, the transaction price of SMM99.9% selenium powder is 100-130 yuan / kg, 99.9% selenium ingot transaction price is 105-135 yuan / kg, all up 5 yuan / kg from last week, crude selenium transaction price is 62-70 yuan / kg, selenium dioxide transaction price is 64-68 yuan / kg, all the same as last week.

Selenium powder: foreign media 99.9% selenium powder transaction price of 6-7 US dollars / pound, the average price increased by 0.25 US dollars / pound. The price of refined selenium rose slightly this week, mainly because of the rising cost of raw materials. The trading price of crude selenium rose from 68 yuan / kg half a month ago to 70 yuan / kg last week, which is significantly higher than that during the Spring Festival. In addition, due to the impact of the overseas epidemic, it is difficult for foreign raw materials and refined selenium to supplement at home, and the supplement of short-term overseas resources will be relatively tight. The start of downstream manufacturers is relatively stable, although the industry has not yet stepped into the normal track, but under on-demand procurement, the current price can be supported.

Selenium: the selenium market operated steadily on Tuesday, manganese plants normally replenish a small amount of storage, the transaction price range is still stable in the SMM price range. At present, the quotation of selenium from upstream holders is generally in the range of 66-70 yuan / kg. In view of the fact that the cost of crude selenium has reached 68-70 yuan / kg, the willingness of merchants to offer is more obvious and can only accept a small counteroffer. At present, the operation of the downstream electrolytic manganese plant is still stable, and the stock of raw materials stored during the Spring Festival is being gradually digested, and will begin to replenish the stock one after another in April.

At present, the structure of the domestic selenium market is good, the supply side is stable and the downstream production is carried out in an orderly manner. Under the support of stable raw material costs, there may be more raw material procurement in the later stage, and selenium prices are expected to rise in April.

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 Cadmium Telluride Exports Surge for Three Months, Reaching 80 Tonnes in April
19 hours ago
China's Cadmium Telluride Exports Surge for Three Months, Reaching 80 Tonnes in April
Read More
China's Cadmium Telluride Exports Surge for Three Months, Reaching 80 Tonnes in April
China's Cadmium Telluride Exports Surge for Three Months, Reaching 80 Tonnes in April
SMM, June 3 — According to customs data, China's cadmium telluride exports have risen for three consecutive months. After reaching 48 tonnes in February, export volumes climbed to 64 tonnes in March and further surged to 80 tonnes in April. Market participants noted that this increase in export volumes is well reflected in the persistently rising domestic tellurium prices.
19 hours ago
Multiple Factors Converge to Drive Tellurium Prices Gradually Higher [SMM Tellurium Report]
19 hours ago
Multiple Factors Converge to Drive Tellurium Prices Gradually Higher [SMM Tellurium Report]
Read More
Multiple Factors Converge to Drive Tellurium Prices Gradually Higher [SMM Tellurium Report]
Multiple Factors Converge to Drive Tellurium Prices Gradually Higher [SMM Tellurium Report]
Multiple Factors Converge to Drive Tellurium Prices Gradually Higher
19 hours ago
China's Refined Bismuth Output to Drop 17% in May 2026 Amid Tight Raw Material Supply
19 hours ago
China's Refined Bismuth Output to Drop 17% in May 2026 Amid Tight Raw Material Supply
Read More
China's Refined Bismuth Output to Drop 17% in May 2026 Amid Tight Raw Material Supply
China's Refined Bismuth Output to Drop 17% in May 2026 Amid Tight Raw Material Supply
According to SMM's assessment, China's refined bismuth production in May 2026 is expected to decline significantly by approximately 17% month-on-month compared to April's national refined bismuth output, representing a notable decrease. Many market participants expect that as the country enters summer, the tight raw material situation at bismuth smelters nationwide will remain difficult to ease. There is a high likelihood that production will continue to be constrained, and refined bismuth output is more likely to remain stable, though a continued gradual decline cannot be ruled out.
19 hours ago
Weekly Review of selenium Market (3.30-4.3) calm Price and stable Operation of selenium City at the end of the month - Shanghai Metals Market (SMM)