V2O5 Flake Transaction Is Stalemate, Waiting And Seeing The Steel Bidding

www.ferroalloynet.com:A summary of the quotations of various domestic vanadium products today: ammonium metavanadate98% of 115,000-117,000 CNY/Ton, retail V2O5 flake of 121,000-122,000 CNY/Ton, ferrovanadium50 of 127,000-130,000 CNY/Ton, VN alloy of 179,000-183,000 CNY/Ton. All are cash prices including tax.
Yesterday, after the large V2O5 flake manufacturers finalized the acceptance of the long-term order price of 120,000 CNY/Ton including tax for vanadium in June, and retail V2O5 flake shipment mentality was slightly complicated. The quotation has not yet stabilized, and the alloy factory’s inquiry remains unchanged, but the intention to purchase price is not slightly adjusted. but not more than 120,000 CNY/Ton in cash. The upstream and downstream transactions are deadlocked. The alloy mills are paying attention to the development of the steel bidding this week.


Today, the quotations of VN alloys are generally stable, and the quotations of ferrovanadium have been raised slightly, mainly due to the increase in the quotations of Panzhihua Iron and Steel. Raw material prices have stabilized at a high level, alloy quotations have been firm, and the price of mainstream vanadium in June has risen, and the overall cost has risen. Therefore, low-price alloy shipments are not intended. Although it is not easy to make a deal in a short period of time, let’s continue to wait and see for the time being to prevent losing money.