[SMM selenium spot Weekly Review] downstream consumption, stable selenium prices and stable operation (2020.7.20-2020.7.24)

Published: Jul 26, 2020 15:43 (GMT+8)

This week, the domestic selenium market is in stable operation, the downstream is normal on-demand procurement, the price basically maintains the previous level, and the market mood is good.

Today, the transaction prices of SMM99.9% selenium powder are 95-120 yuan / kg, 99.9% selenium ingots are 100-125 yuan / kg, and crude selenium prices are 58-70 yuan / kg, which are the same as last week. The average price of selenium dioxide was 58-62 yuan / kg, and the average price rose 0.5 yuan / kg last Friday.

Selenium powder: 99.9% of foreign media selenium powder traded at 6.3-7.75 US dollars per pound, the price is the same as last week. The price of crude selenium of domestic raw materials remains strong, which largely supports the quotation confidence of selenium powder suppliers, and the quotation and transaction of refined selenium are relatively stable in the near future. Due to the influence of epidemic factors at home and abroad this year, the downstream demand for selenium powder has always been low, which is significantly lower than that in the same period last year. However, supported by costs, prices remained stable in July. As of Friday, most of the domestic 99.9% selenium powder prices were 95-100 yuan / kg, while the imported 99.9% selenium powder prices were mainly 105-120 yuan / kg.

In terms of selenium, the domestic selenium dioxide market is running smoothly this week. Like refined selenium products, diselenide is also affected by the cost of raw material selenium, and the price is strong. During the week, the transaction price of diselenide was mostly 57-60 yuan / kg, and the overall price remained upward in the second half of the week. The price of electrolytic manganese downstream of selenium rebounded on Tuesday, and the operating rate was relatively stable. A manganese factory in Guizhou purchased nearly 10 tons of diselenide, and the transaction price was around 60 yuan per kilogram. As of Friday, the mainstream transaction price of diselenite in China was concentrated in the range of 58-60 yuan per kilogram.

Next week is the last week of July, it is not known whether copper enterprises will still carry out inquiry bidding for crude selenium, and it is not known whether a large electrolytic manganese factory will purchase diselenide raw materials in July and August as scheduled. SMM believes that in terms of the current supply and demand side and the market mentality, the selenium market can continue to remain stable.

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)