At The Beginning Of The Week, The Vanadium Market Deadlocked

www.ferroalloynet.com:Compared with last week’s vanadium market, volatility is small this week,and inquiry goods enthusiasm is general.The raw material retail manufacturer of V2O5 flake don’t want to sell, and the shipment quotation and alloy factory procurement price is not equal, so transaction is stalemated. A small number of transactions in cash of 106,000-106,500 CNY/Ton in V2O5 flake retail market. The alloy factory is more wait and see, and temporarily does not purchase.

VN alloy manufacturers face risk of losing money, and there is less shipment quotation  in the market, and a few offer is in cash of more than 163,000 CNY/Ton, but the procurement willingness in the market is low at this price, and the enthusiasm of inquiry is poor.Traders are more active recently. The quotation of VN alloy is about 159,000 to 160,000 CNY/Ton in cash, and the actual transaction is 159,000 CNY/Ton in cash.

www.ferroalloynet.com