Vanadium Enterprises Mainly Take Wait-And-See Stances at The Beginning of The Week and The Quotations Are Chaos

www.ferroalloynet.com: Last week, the mainstream tax-inclusive bidding price of vanadium-nitrogen alloy was CNY 185,000/t by acceptance, and the tax-inclusive offer of bulk goods was CNY 180,000-185,000/t by cash. The spot price was slightly higher, some alloy factory orders was scheduled for mid-July. The price of long-term orders of the three V2O5 flake factories was CNY 185,000-188,000/t. At present, the price of vanadium raw materials has been lowered. The tax-free price of ammonium metavanadate is less than CNY 120,000/t, and the tax-inclusive price of small V2O5 flake plants is CNY 120,000/t by cash. As the demand of steel mills is slightly inadequate, vanadium prices have fallen slightly, and market prices are relatively chaotic. Some manufacturers have not quoted yet, waiting for the market to be clear.

www.ferroalloynet.com