Manufacturers Offer Up As There Is Positive Bullish In Vanadium Market

www.ferroalloynet.com:Today, a large vanadium factory in April make a price of V2O5 flake at 112,000 CNY/Ton in acceptance with tax, and the atmosphere in the vanadium market is positive and bullish, so most alloy factories temporarily do not quote. Some VN alloy manufacturers quoted at 168,000 to 170,000 CNY/Ton in cash, 4,000-5,000 CNY/Ton higher than yesterday. Ferrovanadium manufacturers do not quote, some traders quote at 116,000-118,000 CNY/Ton in cash. Retail investor of V2O5 flake is reluctant to sell and wait for rise, so there is rare offer, and market information is relatively chaotic; the actual transaction is very few. In this atmosphere, the upstream and downstream wait and see steel bidding prices and  the signing of orders by a big factory, so they are relatively cautious transactions.

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