Vanadium Alloy Market Quotation Decline

www.ferroalloynet.com Up to now, the price of vanadium has started to weaken. The weak terminal demand leads to the reduction of spot transactions in the alloy market, while some traders actively ship products but face sales problems. At present, the market price of vanadium nitrogen alloy is about 152000-153000 yuan / ton. At present, in addition to the normal delivery of orders by vanadium and nitrogen alloy plants, the spot liquidity is low, and the price trend is not optimistic.
In terms of raw materials, the current quotation of V2O5 flake in bulk market is still concentrated around 100000 yuan / ton. Some shippers said the price could be discussed. Most downstream manufacturers intend to purchase about 97000 yuan / ton.

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