Baiyin Nonferrous Group Co., Ltd. Held a Competitive Sale of 33 mt of Crude Selenium on the 27th [SMM Selenium Report]

SMM March 27 News: According to an official announcement from Baiyin Nonferrous Group Co., Ltd., the company plans to sell 33 tons of crude selenium through a bidding process, where participants will bid on the premium/discount price. The floor premium is set at RMB 5,000/ton. The bidding will proceed only if at least three companies register. The registration deadline is 5:00 PM on March 30, 2026, and the bidding will begin at 3:00 PM on March 31, 2026. Given that recent crude selenium bidding tenders have seen strong transaction prices, market participants expect the outcome of this premium bidding to be noteworthy.

SMM March 27 News: According to SMM, Baiyin Nonferrous Group's Northwest Lead-Zinc Smelter has launched an open bidding sale for approximately 100 tons of crude cadmium. According to official sources, the bidding floor price is set at a discount of RMB 1,000/ton against the SMM average price, with the highest bidder winning the auction. The bidding will proceed only if at least three companies register. The registration deadline is 5:00 PM on March 30, 2026, and the bidding will begin at 10:00 AM on March 31, 2026. Market participants noted that as cadmium prices have shown an upward trend recently, this bidding event is worth close attention. To some extent, it will reflect the strength of market demand and serve as a reference for whether cadmium prices can steadily rise.