Vanadium Manufacturers Are Mostly Waiting To See Steel Bidding, And The Transaction Is Suspended price increase of vanadium alloy slowed down, and the market tended to be stable. At the beginning of the month, manufacturers were mostly concerned about the bidding situation of steel mills. Retail V2O5 flake quotations are 121,000-122,000 CNY/Ton, and most price of the transactions are around 120,500 CNY/Ton in cash. It is not easy for alloy plants to purchase at low prices, but purchases of people in the market at high prices are cautious. Ammonium metavanadate price is adjusted slightly, and the price fluctuation range is not large.and the cash  price is 113,000-116,000 CNY/Ton.

For VN alloy manufacturers, there are high offer and low offer, and cash prices are 179,000-185,000 CNY/Ton. The actual transactions of retail investors are slightly stalemate, and prices fluctuate around low levels. The acceptance of the steel bidding transaction price includes tax of 182,000-183,000 CNY/Ton. The price of ferrovanadium is 126,000-129,000 CNY/Ton in cash, and the transaction volume is relatively small. The acceptance price of steel bidding is 129,000-130,000 CNY/Ton.