Chinese Smelter Sells Crude Selenium at Steady Price of 139 Yuan/kg, Future Trends Uncertain

The first full trading week following the National Day holiday saw domestic tellurium quotes hold steady across the board. The average price of tellurium (99.99%) stood at RMB 798.5 per kg, with a high of RMB 807 per kg and a low of RMB 790 per kg, representing a price spread of RMB 17. No price adjustments were made throughout the five trading days of the week. As such, the domestic average tellurium price has remained at RMB 798.5 per kg for 16 consecutive quotation days since September 17, with its price volatility ranking among the lowest across major minor metals.

SMM News, October 14: According to official sources from a major smelter in East China, several metal tonnes of crude selenium offered for public sale recently were successfully sold today. SMM understands that the official party declined to disclose the identity of the winning buyer, but stated that the final transaction price was slightly below RMB 145,000 per tonne. The achieved price remains in line with prevailing market levels, and the tender outcome was within market expectations.

SMM News, October 13: According to official information from Yanggu Xiangguang, in response to the company’s production and operational requirements, it will launch an inquiry‑and‑comparison tender for approximately 20 metal tonnes of crude selenium. Bidding window for the price inquiry: October 14, 2026 (14:00‑14:30). Starting floor price for selenium: 141.27 yuan per kilogram. Prior to submitting bids, participating merchants are required to pay a performance bond of 100,000 yuan and send the payment voucher to Xiangguang Copper.