Daye Nonferrous Successfully Bid for 15 mt (metal content) of Crude Selenium [SMM Selenium Report]

SMM March 19 News: According to the official announcement from Daye Nonferrous Metals Group Holdings Co., Ltd., 15 mt of crude selenium (metal content) recently offered for public sale was successfully transacted. According to information obtained by SMM, the final buyer of this batch of crude selenium has not been disclosed officially, but the final transaction price was officially stated to have reached 140,000 yuan/mt. Compared to recent market prices, this transaction price shows an upward trend. Following the announcement, market participants have reported crude selenium quotations exceeding 140,000 yuan/mt, with some suppliers temporarily halting shipments and adopting a wait-and-see approach. Many traders have also raised their quotations. A market participant noted that the rise in crude selenium auction prices also indicates increased activity in the selenium market, and industry insiders are showing growing confidence in the future price trends of the selenium market.