Jinlong Copper Industry tendered 30 mt of crude selenium today [SMM selenium]

Bismuth prices bottomed out and rebounded in August, with continuous gains pushing the price to 136,000 yuan/tonne by the end of the month, and upward momentum has strengthened. On the supply side, output in July rose month‑on‑month by 13.5%. Should production remain at a high level going forward, it will cap further price increases. On the demand side, consumption from traditional downstream sectors stayed generally stable. Meanwhile, the minor‑metals sector has drawn rising market attention boosted by emerging industries such as expanding AI computing power. On the raw‑material side, bismuth concentrate bidding activity was brisk in August, indicating normal circulation of raw‑material supply. Overall, after a sharp correction in June‑July, bismuth prices are now in a bottom‑repair phase. The sustainability of the current rebound will largely depend on the pace of upstream production release and matching strength from real‑world demand.

According to customs data, China’s export volume of selenium‑related items stood at 136.0 tonnes in July 2026, down 76.0 tonnes month‑on‑month, representing a decrease of 35.8%. The average monthly export of selenium‑related items reached 152.6 tonnes for January‑July 2026, rising by 11.8 tonnes or 8.4% compared with the same period in 2025. China’s import volume of selenium‑related items was 47.0 tonnes in July 2026, a month‑on‑month drop of 57.0 tonnes, equivalent to a 54.8% decline. For January‑July 2026, the average monthly import of selenium‑related items amounted to 81.8 tonnes, an increase of 22.4 tonnes or 37.8% versus the same period of 2025.

According to customs data, China’s export volume of bismuth trioxide reached 837.905 tonnes in July 2026, compared with 875.375 tonnes in June 2026. Exports saw little month‑on‑month change and remained below the 1,000‑tonne mark.