At The Beginning Of The Week, The Vanadium Market Had An Obvious Wait-and-see Attitude

www.ferroalloynet.com:At the beginning of the week, the domestic vanadium market was in a positive state, but there were still more wait-and-see attitudes. V2O5 flake manufacturers set prices last week and have not yet begun shipments. The vanadium bulk market has a small transaction. The quoted cash is about 110,000 CNY/Ton, and the actual transaction is about 108,000 CNY/Ton. Downstream manufacturers are more cautious in purchasing high prices.

Last week, the bidding price of VN alloy steel was accepted between 168,000 and 170,000 CNY/Ton. The VN alloy retail market offered cash of around 170,000 CNY/Ton, and the actual transaction was between 165,000-168,000 CNY/Ton, which is relatively stalemate and cautious. The ferrovanadium market has a fair deal, and the quotation is about 120,000 CNY/Ton in cash.

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