www.ferroalloynet.com: This week, some steel plants started the bidding in advance, and the bidding price of VN alloys increased steadily. The bidding price rose to 154,000 Yuan/ton by acceptance, 2000 Yuan/ton higher than that at the beginning of this week. The alloy market is active, which makes the upstream raw material inquiry active, and the bulk market is in short supply of V2O5 flakes. The transaction price of V2O5 flake increased from 95,500 Yuan/ton at the beginning of the week to 97,500 Yuan/ton in cash including tax, and a small amount of transactions can reach 98,000 Yuan/ton. V2O5 flake suppliers are reluctant to sell with a mentality of bullish market in the later market. VN manufacturers are active in purchasing. The supply of chemical grade ammonium metavanadate is not sufficient, and some chemical enterprises are active in purchasing, and the transaction price rises 1000 Yuan/ton in a week.

Product

Price on Monday

Price on Friday

Change

Unit: Yuan/ton

Chemical AMV

94000-95000

95000-96000

↑1000

Cash with Tax

V2O5 flake

95000-95500

97000-97500

↑2000

Cash with Tax

FeV50

102000-103000

102000-103000

Acceptance with Tax

VN alloy

151000-152000

153000-154000

↑2000

Acceptance with Tax

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