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

Published: Apr 20, 2026 17:13
SMM reported on April 20 that according to market rumors, a major northern manufacturer's public bidding for the sale of dozens of tons of crude selenium, which had recently drawn market attention, ultimately ended in failed transactions, sources said. Market participants indicate that given the bidding results for selenium, it is understandable for buyers to adopt a wait-and-see stance temporarily after crude selenium prices rose too quickly and repeatedly hit new highs in the recent period.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Yunnan Copper: The Hongnipo copper mine is currently under construction, with annual self-produced copper concentrates expected to contain 69,800 mt of copper
May 28, 2026 15:35
Yunnan Copper: The Hongnipo copper mine is currently under construction, with annual self-produced copper concentrates expected to contain 69,800 mt of copper
Read More
Yunnan Copper: The Hongnipo copper mine is currently under construction, with annual self-produced copper concentrates expected to contain 69,800 mt of copper
Yunnan Copper: The Hongnipo copper mine is currently under construction, with annual self-produced copper concentrates expected to contain 69,800 mt of copper
May 28, 2026 15:35
Northern Refinery's Crude Selenium Tender Fails to Attract Bidders, Market Remains Steady
May 25, 2026 10:05
Northern Refinery's Crude Selenium Tender Fails to Attract Bidders, Market Remains Steady
Read More
Northern Refinery's Crude Selenium Tender Fails to Attract Bidders, Market Remains Steady
Northern Refinery's Crude Selenium Tender Fails to Attract Bidders, Market Remains Steady
Shanghai Metals Market (SMM) reported on May 28 that, according to reliable market sources, a northern refinery’s tender for the sale of 33 tonnes of crude selenium ultimately failed to close. The auction required at least three bidders to proceed, but sources indicate that the tender fell short of this minimum, forcing its cancellation. Market participants note that recent trading in selenium dioxide and selenium powder has been steady, with end-users likely to hold off on large-scale stockpiling until June.
May 25, 2026 10:05
China's Bismuth Trioxide Exports Drop Below 1,000 Tons in April 2026
May 20, 2026 13:22
China's Bismuth Trioxide Exports Drop Below 1,000 Tons in April 2026
Read More
China's Bismuth Trioxide Exports Drop Below 1,000 Tons in April 2026
China's Bismuth Trioxide Exports Drop Below 1,000 Tons in April 2026
According to customs data, China's export volume of bismuth trioxide stood at 898.429 tons in April 2026, compared with 1,100.233 tons recorded in March 2026. On a month-on-month basis, exports continued to decline and fell below the 1,000-ton mark once again.
May 20, 2026 13:22
SMM reported on April 20 that according to market rumors, a major nort - Shanghai Metals Market (SMM)