V2O5 Flake Price Is Strong, VN Quotation Is Slightly Lowered

www.ferroalloynet.com: Today’s domestic quotations of vanadium products: the price of ammonium metavanadate is 102,000-110,600 CNY/Ton; the price of retail V2O5 flake is 107,500–110,000 CNY/Ton; the pricce  of ferrovanadium50 is 118,000-12.2 CNY/Ton, and the price of VN alloy 164,000-170,000 CNY/Ton;all prices are cash inclusive of tax.

In terms of raw materials, large plants’V2O5 flake is107,000 CNY/Ton in cash with tax, which is hard to find. Tranvic said that the supply of goods has been signed in March. The transaction price of V2O5 flake in retail customers is still stable at 107,500-110,000 CNY/Ton in cash. The intentiom of alloy factories purchase high-priced V2O5 flake is relatively few. The quotation of ammonium metavanadate remained stable, and the transaction price was high or low, and the cash was 100,000-105,000 CNY/Ton.

In terms of alloys, the quotations of some vanadium-nitrogen alloy manufacturers and traders have slightly lowered, with cash quotations of 164,000-165,000CNY/Ton, while most manufacturers’quotations are still firm and in cash of 167,000- 170,000 CNY/Ton, so there are fewer inquiries in the bulk cargo market. The transaction fell slightly in cash of 164,000-165,000 CNY/Ton. In March, the bidding for large and medium-sized steel mills has been basically completed, and the mainstream steel bidding acceptance is 169,000-170,000 CNY/Ton including tax. The quotations of ferrovanadium manufacturers are firm, not less than 120,000 CNY/Ton in cash, while traders offer is 117,000-118,000 CNY/Ton in cash, and scattered transactions are mostly around 117,000 CNY/Ton in cash.

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