SMM January 13 News: According to the official announcement from Daye Nonferrous Metals Group Co., Ltd., the bidding sale of tellurium ingots under Daye Nonferrous last week was successfully concluded. The official announcement revealed that the final transaction price of the tellurium ingots was 692 yuan per kilogram. Many market participants expressed that this final bidding result was beyond expectations. However, considering the recent active market transactions and the relatively small quantity in this bidding, many market participants also stated that such a transaction price is indeed surprising but reasonable. This also indicates that the competition for tellurium resources is becoming increasingly intense. Relevant personnel from Daye Nonferrous also mentioned that the reason for the tight supply of tellurium products is unclear, but it is evident that the industry chain holds an optimistic view of the future trend of tellurium prices.
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