Major Manufacturer's Crude Selenium Bidding Fails, Market Trend Shifts Amid Weaker Demand

SMM, April 20: According to SMM, Baiyin Nonferrous Group's Gansu Changba Nonferrous Metals Co., Ltd. has launched an open bidding sales for approximately 130 tons of crude cadmium. According to official sources, the bidding floor price is set at an average price of SMM's #1 Cadmium minus RMB 1,650/ton, with the highest bidder winning the lot. The bidding requires at least three registered participants to proceed as scheduled. The registration deadline is 5:00 PM on April 23, 2026, and the bidding will begin at 10:00 AM on April 24, 2026. Market participants note that as cadmium prices have remained stable recently, this tender is drawing notable attention and may offer insights into the strength of market demand.

SMM April 14 news: As learned by SMM, Jiyuan Wanyang Smelting Group Co., Ltd. will begin a public tender for its 15 tonnes of tellurium ingots today. The bidding document collection period for this tellurium ingot tender is April 14, 2026. The bidding period runs from April 14, 2026, until 10:00 on April 17, 2026. The bid opening time for this tellurium ingot tender is set at 10:00 on April 17, 2026.

SMM, April 13 - According to official information from Baiyin Nonferrous Group Co., the company plans to sell 33 tons of crude selenium, with the pricing based on a bidding process for premiums and discounts. The base discount is set at 4,000 yuan per ton. The auction will proceed only if at least three bidders register. The registration deadline is 5:00 PM on April 15, 2026. The bidding will commence at 3:00 PM on April 16, 2026. Given the strong transaction prices recently seen in crude selenium tenders, market participants expect promising results from this premium-based auction.