At The Beginning Of The Week, Vanadium Enterprises Offer Less, Paying Attention To Bidding Of Steel Plants

www.ferroalloynet.com: Vanadium prices fell slightly after the jump last week. Due to the increase of V2O5 flake quotations, some suppliers were active in shipping, and the procurement of downstream alloy plants slowed down, mainly to wait and see the bidding dynamic of steel plants.

Today, the quotation of vanadium products is less, some ammonium metavanadate manufacturers said that there are no spot goods, the last round of transaction price was 88000-92000 yuan / ton by cash with tax, the quotations soared and fell sharply, while the actual transaction did not keep up, and then follow the market quotation when there are spot goods; the quotation of V2O5 flake is 97000-98000 yuan / ton by cash with tax, but the transaction is less; VN alloy manufacturers also adjusted their quotation, some manufacturers quoted 148000-150000 yuan / ton by cash with tax, while most of manufacturers do not offer and their orders have been arranged till the middle of January, in addition, the bidding of medium and large steel plants is coming this week, therefore, they are mainly wait and see. Compared with last week, the market quotation of ferrovanadium dropped slightly, and there was no transaction for the time being. Some manufacturers quoted 96000-98000 yuan / ton by cash with tax.

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