Northern Crude Selenium Tender Concludes at 142 Yuan/kg, Market Shows Mixed Signals Amid Cooling Prices
SMM News, July 22: According to official information, a tender for the sale of a batch of crude selenium issued by a northern manufacturer was successfully concluded, with the final transaction price at around 142 yuan per kilogram. Market participants stated that the dibasic selenium market has softened recently, while trading of selenium powder remains steady. End-users may conduct large-scale purchasing and stockpiling in September. As a result, overall selenium prices have entered a cooling-off period. Nevertheless, results from recent crude selenium sales by producers indicate upward price signals for crude selenium at present, and the future price trend remains to be monitored.