Raw Materials Price Maintains Firm And People Are Cautious To Purchase V2O5 Flake At High Price

www.ferroalloynet.com:Raw materials price remain firm, and retail V2O5 flake price is in cash 121,000-122,000 CNY/Ton, and alloy factory high purchase acceptance gradually increased to in cash of 118,500-120,000 CNY/Ton. Partial ammonium metavanadate transaction price is in cash of 110,000-112,000 CNY/Ton, and downstream enterprises are more cautious, so the market high price transaction is relatively less.

Alloy traders said that the recent operations are few, and the market space is not large. The intention to purchase price is in cash of 175,000-176,000 CNY/Ton, but the market low price supply is less, so it is difficult to purchase. Part of the manufacturer hold firm high quotation, and part of them are waiting and seeing the back market and do not quoted temporarily. At present VN transaction price is in cash 177,000-178,000 CNY/Ton, steel bidding price is 178,500-179,000 CNY/Ton acceptance including tax, and the overall market mentality is good, showing a stable and strong trend.