www.ferroalloynet.com: This week, the price of retail V2O5 flake increased slightly, and the transaction price was adjusted to 79000-81000 yuan/ ton including tax by cash, with an increase of about 3000 yuan / ton in a week. Due to the fact that large factories have not yet fixed prices for shipment, retail suppliers do not sell at a low price, and the inquiries of downstream alloy factories and traders have increased, so the transaction price of V2O5 flakes naturally goes up. The price of ammonium metavanadate adjusted with V2O5 flakes, and downstream inquiries were more positive, but there were few actual transactions. The transaction price was raised to 76000-78000 yuan / ton including tax by cash.
Raw material prices rose, pushing up the quotation of alloy plants. The bidding for vanadium alloy is more active this week. The tender price of VN alloy has increased by 3000 yuan / ton compared with last week to 123000 yuan / ton by acceptance with tax. It is difficult to rise further. The steel mills continue to reduce the price and are unwilling to purchase at a high price, and the purchase quantity is adjusted. The transaction price of bulk market is slightly higher than the bidding price of steel plants, and the manufacturer’s quotation is not much, which is no less than 125000-127000 yuan / ton by cash with tax. With the increase of traders’ inquiries and active purchasing, the manufacturers’ mentality is firm, and the actual transaction price is up to 123000-125000 yuan / ton including tax by cash. At the same time, the tender price of ferrovanadium was slightly increased to 87000-89000 yuan / ton including tax by acceptance, and the transaction price of retail market is 88000-90000 yuan / ton by cash with tax.
This week, the vanadium market showed a slight rise trend, the tender price of vanadium alloy rose, and the transaction price of bulk cargo was higher. Some traders start to inquiry and observe the market trend, and the market trading was active. As for alloy plants, they are more cautious in purchasing raw materials, and the purchase intention of high-level V2O5 flake is still not high, waiting for the large factories to price and sell.
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