The Firm FEV Quotation Slightly Goes Up With Rising Cost

www.ferroalloynet.com: At present, the quotation of ferrovanadium is firm and rising slightly, and the general offer is at  98000-99000 yuan / ton with tax by cash. Manufacturers in Liaoning area order production and basically arrange orders to the end of the month. Due to the short shipment of large V2O5 flake factories, the gradual consumption of V2O5 flake in bulk market, the small supply of spots, and the slow rise in the quotation, today’s high transaction price is 94000 yuan / ton with tax by cash,  which is basically the same as that of large factories. The cost of raw materials increases, and the price of vanadium alloy rises naturally. The quotation of FEV manufacturers is firm and slightly increased, and the price of goods offered by traders also follows. The quotation of FEV50 is at 98000-100000 yuan / ton with tax by cash.

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