Pre-Holiday Vanadium Market Maintains Stability And Transactions Decrease

www.ferroalloynet.com: Today, domestic vanadium prices have not been adjusted yet. With the Spring Festival approaching, some merchants have left the market, and logistics in some areas have been suspended, so the inquiries and transactions in the vanadium market have decreased, but the quotations are still firm. For the alloy end, the manufacturer’s quotation intention is not high, and there are few inquiries from downstream buyers, so it is difficult to make a real order. The raw material side is relatively active, retail investors are reluctant to sell vanadium, and their intention to sell at lower prices is not high. Some alloy factories just need to purchase at lower prices, and the transaction is deadlocked. It is difficult to purchase less than 129,000 yuan/ton in cash.

www.ferroalloynet.com