www.ferroalloynet.com: Since last week, the steel plant bidding has been settled, and the price of VN alloy has also been fixed in a certain range. In the short term, the procurement of small steel plant or bulk market and spot trading are expected to refer to the operation. The bidding of ferrovanadium shows a weak performance. At present, the current market situation is that the sales price of alloy end is temporarily clear, and the long-term agreement price of raw material is still an uncertain factor in the future market. In the case of unadjusted quotation of large factories, the market is dominated by stalemate and weak stability.
At present, the market quotation of ammonium metavanadate is 96000-97000 yuan / ton by cash, and there is a transaction at a low price of 95000 yuan / ton. The high price is the price of low impurity metavanadate purchased by chemical V2O5 powder enterprises according to their own needs. At present, manufacturers with inventory have obvious resistance to low price shipment, and the overall market quotation and shipment volume is not large. Up to now, the low price of V2O5 flake remains at 99000-99500 yuan/ton by cash, and the alloy manufacturers have lowered the price to 98000 yuan / ton, but the attempt to purchase has failed. The later pricing and sales strategy of large V2O5 flake factories need to wait and see.
At present, the mainstream price range of ferrovanadium market is still between 102000 yuan / ton and 103000 yuan / ton by cash. according to some downstream purchasers, it is really difficult to inquire for goods below this price. The processing plants quote 104000-105000 yuan / ton by cash, which is not easy to deal with. The price of large factories in the bulk market is also within the current mainstream price range. Purchasers give priority to spot goods  in bulk market.
Since the mainstream price has been settled after the steel plant bidding, the direction of the manufacturer’s quotation is clear. At present, the mainstream price of the manufacturer is 154000-156000 yuan / ton by cash, and the majority of transactions are 154000-155000 yuan / ton. The current mainstream price of steel plant bidding is 156000 yuan / ton by acceptance, and some steel plants purchase at 158000 yuan / ton due to payment reasons. At present, Shaoguan Steel offers 155000 yuan / ton by acceptance, and the bidding volume is 80 tons, which is still under discussion and has not been finalized. VN alloy price in the later market is not expected to change much.