www.ferroalloynet.com: At present, the large factories have not yet delivered the products, and there are few quotations from retail V2O5 flake market. The quotations of some suppliers have been raised to 82000-83000 yuan / ton with tax by cash. The actual transaction price is mostly 78000-80000 yuan / ton with tax by cash. The low transaction price are mainly from some small factories in order to maintain the customer relationship. Most of the transaction prices are about 80000 yuan / ton with tax by cash. In recent two days, the inquiry of raw materials from VN alloy manufacturers has increased greatly. The intended purchase price of VN manufacturers is 80000 yuan / ton by cash with tax. Today, VN alloy manufacturers said that it is difficult to inquire about the current spot price, and they are cautious in purchasing at a high price.
Yesterday, the tender price of Shaoguan Steel was 123000 yuan / ton by acceptance with tax, which was increased by nearly 2000-3000 yuan / ton compared with the average bidding price of last week. Retail investors adjust the price of V2O5 flake, alloy factories insist their quotation. At present, most of the VN alloy manufacturers quote at 123000-125000 yuan / ton by cash with tax. Some manufacturers do not quote because they have not completed the previous orders. Traders’ attitude towards inquiry has also been adjusted, and the purchase price has been adjusted to 122000-123000 yuan / ton by cash, and there are still few traders who purchase on the high side.
The price of ferrovanadium increased slightly at the same time. The manufacturers quoted at 89000-90000 yuan / ton by cash with tax, and the actual transaction of retail market is 87000-88000 yuan / ton by cash with tax. The price fluctuation of ferrovanadium is still affected by the VN alloy market, so it is adjusted according to the direction of VN alloy.
Last week, the price stopped falling and stabilized. This week, the price of vanadium showed a positive trend, but alloy factories have different views on the future market. Some manufacturers are looking forward to the rise of vanadium price. The European and American markets are recovering slightly and the demand is gradually recovering. Recently, the price of rebar is rising. It seems to be an increase in the purchase of vanadium alloys by steel mills, and the vanadium price is steady. Some manufacturers say that the domestic production is as usual, and the imported vanadium products in the early stage still need time to be consumed. The overall supply-demand relationship is not balanced, and the supply exceeds demand has not changed. It may be difficult to keep rising in the short term.
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