Jinguan Copper Launches 1-Day Bidding for 32 Tons of Crude Selenium Amid Rising Market Prices

Published: Oct 28, 2025 15:49

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SMM, October 28: According to official information from Jinguan Copper Co., Ltd., a subsidiary of Tongling Nonferrous Metals Group Co., Ltd., the company began publicly selling 32 tons of crude selenium yesterday, with the reserve price undisclosed. The deadline for submitting quotation letters is before 11:30 AM on October 29, 2025. Many market participants noted that the bidding period is only one day, indicating the招标方's strong confidence in selling this batch of crude selenium. Recently, the prices of selenium products, including selenium dioxide, have been robust, showing a clear upward trend, and the bidding results for many manufacturers have been relatively positive. Market participants stated that the bidding results of Tongling Nonferrous Metals Group Co., Ltd. Jinguan Copper Co., Ltd. are also highly significant, as they could, to some extent, reflect the future strength of crude selenium prices.

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