SMM February 24 News: According to market rumors, the recent open sales tender for over 20 mt of crude selenium by a major northern plant, which has drawn market attention, is said to have been fully and smoothly concluded. Although the official transaction price is not disclosed, sources from some market participants involved in the bidding revealed that the final actual transaction price was no less than 185 yuan/kg. Market participants indicated that, based on the tender results for selenium, the price is indeed not low and may even be considered to have set a new high. This suggests that the upward trend in selenium prices continues unabated, indicating that crude selenium market resources remain relatively tight, and buying interest from end-users and speculative buyers shows no signs of weakening.



