Domestic Vanadium Market Is Stable In The Weak

www.ferroalloynet.com:Today’s domestic¬†vanadium¬†product quotation summary: ammonium metavanadate of 103,000-106,000 CNY/Ton, V2O5 flake of 110,500-112,000 CNY/Ton, ferrovanadium50 of 116,600-120,000 CNY/Ton, VN alloy of 166,000-170,000 CNY/Ton, all in cash and including tax.
This week, the inquiry reduced in domestic vanadium product market, and the overall transaction is stable in the weak, and the alloy market is under pressure. The raw material end is relatively firm, and the high volume transaction is slightly difficult, but the low price resources are still very few. The seller is reluctant to sell, and the actual transaction price is 110,000-111,500 CNY/Ton. Ammonium metavanadate transaction is not much, and the manufacturer offer maintain stable, and the actual transaction price is 102,000 to 105,000 CNY/Ton in cash. Alloy market stability is weak, and under the pressure of market competition, the VN alloy manufacturers offer decreases to 166,000 to 170,000 CNY/Ton in cash. Retail actual transaction is 165,000 to 166,000 CNY/Ton in cash. Bid acceptance price is 167,000 to 169,000 CNY/Ton, down 2000 CNY/Ton compared to last week. Ferrovanadium market is deadlock, and transaction price did not fluctuate too much, and bulk price is 115,000-116,000 CNY/Ton in cash.
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