Alloy Price Rose Slightly With The Support Of Cost

www.ferroalloynet.com: Yesterday, Tranvic and Desheng, the large V2O5 flake factories, began to sign the order for shipment, and the transaction price of retail V2O5 flake was 93500-94000 yuan / ton by cash including tax. The small factories and some traders are interested in referring to the quotations of large factories, and they are not willing to sell at low price. Alloy plants purchase based on their orders cautiously. Most of the VN alloy manufacturers said that the purchasing price of V2O5 flake should not be higher than the cash of 94000 yuan / ton. The transaction price of VN alloy increased slightly compared with last week. The transaction of low price was reduced. The intended purchasing price of traders followed the rise.
The ferrovanadium market is in a stalemate. The manufacturers quoted at 100000-102000 yuan / ton by cash, and the traders quoted at 100000 yuan / ton, but the deals are tepid. Ammonium metavanadate market kept stable operation, the downstream inquiry activity was not high, the spot goods was not much, and the transaction price was about 90000 yuan / ton by cash.
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