The Rising Range Of Vanadium Price Is Narrowed This Week
www.ferroalloynet.com: This week, the vanadium market remained stable and strong, and all vanadium products had a slight rise, which was significantly narrowed than that of last week. At the beginning of the week, the large V2O5 flake factories raised the price in December to 82000 yuan / ton including tax by cash. Under the guidance of the rising price atmosphere, the quotation of alloy factoryies remained firm, and the sentiment of reluctant to sell was high. This week, the bidding for vanadium alloy is relatively concentrated. Under the bargain between alloy plants and steel plants, the bidding price of VN alloy slightly increased to 131000-133000 yuan / ton by acceptance with tax, and the price of FeV50 increased to 91000-92000 yuan / ton by acceptance with tax. Some alloy plants said that the bidding prices of steel plants were still low and they were unwilling to supply.
Looking at the raw material market, at the beginning of the week, the price of large V2O5 flakes has been confirmed but without new orders signed. It is expected that orders will be signed for shipment next week. There are few quotations from retail investors, and a small amount of quotations are on the high side. The circulation resources of V2O5 flakes in the market are limited, and it is difficult for alloy factories to purchase raw materials. As of Friday, the transaction price of retail V2O5 flake increased to 83500 yuan / ton by cash with tax, with a small amount of transactions. The price of ammonium metavanadate increased slightly along with the mainstream market, and the direction of metallurgy and chemical industry was differentiated. The transaction price was varies from 79000 yuan/ton to 83000 yuan/ton. The purchasing price of chemical enterprises was relatively high, while the purchasing price of alloy plants will not exceed 80000 yuan / ton by cash with tax,
Next week, we will focus on how to adjust the price of retail V2O5 flake after large factories sign orders for shipment. In the short term, the vanadium market is stable and tends to be strong.
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