The V2O5 Flake Market Remains Chaotic, And Transactions Continue To Rise
www.ferroalloynet.com: The V2O5 flake market remains chaotic, most of the holders are still not offering quotations to wait and see the market. The overall rising atmosphere is becoming stronger; a few quotations have been higher than 100,000 CNY/Ton of cash, and it is difficult to find low-priced sources in the market.
Due to the recent continuous large fluctuations in V2O5 flake, the downstream factory is still cautious about high-priced purchases, and the actual transactions are not many because of inquiries or small orders. Recently, the mainstream transactions of vanadium-nitrogen alloys are still around 152,000 CNY/Ton (by acceptance). Although the quotations of vanadium-nitrogen have been raised, high-price transactions are relatively small, most manufacturers said that their acceptance of V2O5 flake is still within 100,000 CNY/Ton in cash.
Supply and demand are still competing, and the trend of the vanadium market is temporarily unclear. Continue to pay attention to steel mills’ recruitment..
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