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 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
Shandong Humon Bids 6 Tonnes of High-Purity Tellurium, Deadline July 20, 2026
17 hours ago
Shandong Humon Bids 6 Tonnes of High-Purity Tellurium, Deadline July 20, 2026
Read More
Shandong Humon Bids 6 Tonnes of High-Purity Tellurium, Deadline July 20, 2026
Shandong Humon Bids 6 Tonnes of High-Purity Tellurium, Deadline July 20, 2026
SMM July 7 news: SMM understands that Shandong Humon today began public bidding for the sale of its high-purity tellurium head and tail materials. According to official information, the quantity is 6 tonnes, with a tellurium content of 99.99%. The levels of other elements shall be based on the supplier's test results (see attachment for details). Packaging is in iron drums. The buyer is responsible for pick-up, with freight borne by the buyer, and the buyer must take delivery before July 20, 2026. The delivery location is Shandong Humon Smelting Co., Ltd. (No. 11 Jinzheng Street, Shuidao Town, Muping District, Yantai City, Shandong Province).
17 hours ago
Shandong Humon Smelting Co., Ltd. publicly tendered 6 mt of high-purity tellurium ends on the 7th [SMM report]
17 hours ago
Shandong Humon Smelting Co., Ltd. publicly tendered 6 mt of high-purity tellurium ends on the 7th [SMM report]
Read More
Shandong Humon Smelting Co., Ltd. publicly tendered 6 mt of high-purity tellurium ends on the 7th [SMM report]
Shandong Humon Smelting Co., Ltd. publicly tendered 6 mt of high-purity tellurium ends on the 7th [SMM report]
17 hours ago
Jinlong Copper Offers 30 Tons of Crude Selenium for Sale, Bids Due by July 7, 2026
19 hours ago
Jinlong Copper Offers 30 Tons of Crude Selenium for Sale, Bids Due by July 7, 2026
Read More
Jinlong Copper Offers 30 Tons of Crude Selenium for Sale, Bids Due by July 7, 2026
Jinlong Copper Offers 30 Tons of Crude Selenium for Sale, Bids Due by July 7, 2026
SMM July 7 News: According to market sources, Jinlong Copper today publicly offered for sale approximately 30 tons (actual weight) / approximately 38 tons (wet weight) of crude selenium. Buyers are required to take delivery before July 25 and pay a contract deposit of 50,000 RMB/ton. Bidding companies must submit their quotation letters (including purchase quantity, price, delivery date, and other information) in encrypted PDF format via email to Jinlong Copper's Copper & Precious Metals Department before 11:00 AM on July 7, 2026, and provide the PDF encryption password between 11:05 AM and 11:15 AM on the same day.
19 hours ago