V2O5 Flake Transaction Is Weak, And Retail Prices Continue To Decline

www.ferroalloynet.com: The steel recruitment is coming to an end, the overall pricing has fallen, the production and operation pressure of vanadium alloy manufacturers has doubled, and the wait-and-see sentiment of raw materials is strong. The quotations of retail V2O5 flake continued to decline, and mainstream transactions fell to 112,000-113,000 CNY/Ton in cash, but the actual transaction volume was still small.

Some vanadium alloy manufacturers indicated that they are willing to purchase a small amount of items at 110,000 CNY/Ton in cash, but are unwilling to accept high prices, and their overall purchasing mentality is extremely cautious. Due to the continued decline in V2O5 flake prices, some traders reported that they are mostly back-to-back operations in the near future. Vanadium and nitrogen manufacturers frequently cut production and keep warm. Recently, the supply and demand of V2O5 flake in the market has been slightly out of balance, and it may maintain a weak consolidation in the short term.