Price Of V2O5 Flake Is Firm And Alloy Market Is Under Pressure

www.ferroalloynet.com:Today domestic vanadium product quotation summary: ammonium metavanadateof 101,000 to 105,000 CNY/Ton, V2O5 flake of 1105-112,000 CNY/Ton, ferrovanadium50 of 117,000 to 120,000 CNY/Ton, VN alloy of 166,000 to 170,000 CNY/Ton, all in cash and including tax.

After the end of the bidding of the mainstream steel mills, there are ferwer inquiries in alloy market, and some manufacturers’ offer cut a little, and the transaction is deadlocked. Alloy factory said that the production pressure is large, and the raw material price is high and firm, and the alloy transaction price did not follow up. The actual transaction price of bulk goods is 165,000-167,000 CNY/Ton in cash, and the price of VN alloy fell slightly compared to last week, so the acceptance of high raw material manufacturers is relatively limited, and the intention to purchase price is not higher than the large factory price, but it is difficult to find this kind of resource. At present retail vanadium transaction price is 111-11,500 CNY/Ton in cash, and it’s hard to make a deal. Ferrovanadium manufacturers offer generally not less than 120,000 CNY/Ton in cash, and traders’ offer is 1160-117,000 CNY/Ton, and the actual transaction is not much.

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