SMM February 17 News: According to SMM, starting today, Shandong Humon Smelting Co., Ltd. will conduct an open tender sale for its 4N selenium and 5N high-purity selenium scrap. Specifically, 4N selenium weighs 1,457.396 kilograms, and 5N high-purity selenium scrap weighs 2,890.888 kilograms. According to official information, the packaging is in iron barrels, and the delivery method is self pick-up by the buyer, with transportation costs borne by the buyer. Transportation must comply with national regulations, using fully certified hazardous chemical vehicles. Buyers are required to pick up goods by February 28, and the delivery location is at Shandong Humon Smelting Co., Ltd.
Currently, the official tender starting price has not been disclosed, with the statement that the highest bid will win. Buyers are to submit their bids based on their own circumstances. If the buyer's bid does not meet the seller's reserve price, the seller reserves the right to refuse the sale. To ensure the timeliness of bids, the inquiry form, a copy of the business license of the participating bidder, invoicing information (stamped with the official seal), and the hazardous chemical business license must be sent back to 95186930@qq.com by 11:00 AM on February 18, 2025, and buyers should promptly contact Humon personnel for receipt confirmation.
Market participants stated that after the Chinese New Year, selenium market prices have remained stable, but demand has been relatively weak, and trading activity has been moderate. The tender volume of selenium products released by Shandong Humon this time can, to some extent, test market consumption capacity. Given the relatively small quantity, the likelihood of transactions is high. The final bidding price may reflect certain market conditions and provide some guidance to the market. SMM will continue to follow up on the bidding progress.
