Stable Quotation Of Vanadium Products, Focus On Orders Signed From Large V2O5 Flake Plants

www.ferroalloynet.com: Today, the domestic quotation of ammonium metavanadate is 104,000-106,000 Yuan/ton in cash, large factories priced at 107,000 Yuan/ton by acceptance, and the quotation of in bulk market is 111,000-113,000 Yuan/ton. The quotation of VN alloy is 169,000-170,000 Yuan/ton in cash, and the quotation of FeV50 is 108,000-112,000 Yuan/ton in cash. There were few transactions at the beginning of this week, mainly in market observation. After yesterday’s pricing of large V2O5 flake plants, upstream and downstream vanadium companies paid attention to whether the large plants signed the orders or not. Desheng said that in recent days, they will sign the order one after another. With the subsequent shipment of large V2O5 flake factories, the situation of tight raw material price in vanadium product market will be eased. Will there be any new changes in bulk price? We will continue to pay attention to the market transaction situation.

Several major factories have maintenance plans this month, among which there will be a small maintenance in Desheng production, affecting part of the production. In June, the vanadium production of the whole group is about 700 tons; It is expected to reduce the production by one third due to the maintenance of Tranvic, and the V2O5 flake output of the whole group is expected to be 800-900 tons in June. Due to equipment problems, the output of Pangang this month is not much different from that of last month, with an estimated output of 3000-3100 tons of V205. From this point of view, the supply of V2O5 flake from large factories is still relatively tight, and the total supply of V205 in the market is slightly reduced.

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