The Wait-And-See Attitude In Vanadium Market Increased

www.ferroalloynet.com:It is still difficult to purchase raw materials in the market, and manufacturers don’t want to sell goods with a low price in the market, besides there are fewer transactions at a high price. Market transaction price of V2O5 flake is 107,500-110,000 CNY/Ton by cash right now and mainstream transaction price of ammonium metavanadate metallurgy 98% is 101,000-103,000 CNY/Ton in cash, and chemical grade price is slightly higher  in cash of 105,000-106,000 CNY/Ton.

The downstream part of the manufacturers continue to wait and see, and VN alloy manufacturers are under greater pressure, so their offer is in cash of 166,000-170,000 CNY/Ton, but the actual order transaction reduced; traders are positive to ship,and the mainstream offer is in cash of 164,000 CNY/Ton; the transaction price in cash of 163,000 to 164,000 CNY/Ton.

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