The Inquiry For V2O5 Flake Is Active, And The Trading Of VN Alloy Is Stable

www.ferroalloynet.com: At the beginning of the week, the domestic¬†vanadium¬†market is stable, the raw material inquiry was positive, the quotation is rare. It is hard to purchase V2O5 flake at a low price, the transaction of ammonium metavanadate is stable, and the raw material market presents a situation of “no deals with high price and no sales with low price”. It is expected that the bidding of steel plants will gradually promote the market.

In terms of raw materials, the actual transaction price of V2O5 flakes last week was 94500-95000 yuan / ton by cash, some holders were reluctant to sell and their quotation increased to 96000 yuan / ton by cash. The alloy factories had high enthusiasm for inquiry and purchase, but the acceptance of high-price V2O5 flakes was not high. The actual transaction price of ammonium metavanadate was 90000-91000 yuan / ton by cash, most of which maintain the supply for old customers, and only few scattered shipments.
In terms of alloys, ferrovanadium manufacturers offer no less than 102000 yuan / ton by cash. Due to the uncertainty of the purchase price of V2O5 flake, the overall intention of manufacturers to accept orders is not high. VN alloy manufacturers offer firm prices, with 148000-150000 yuan / ton by cash, and the mainstream transaction price is 146000-147000 yuan / ton by cash, and a small amount of transactions are in high price of 148000-150000 yuan / ton by cash. Due to cost support, the quotation of alloy plants will only be steadily promoted, and a new round of bidding of steel plants is expected to boost the market.
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