Vanadium Market Fluctuated Little At The Beginning Of The Week

www.ferroalloynet.com: At the beginning of the week, the overall volatility of vanadium market is small, and the market is stable and strong at present. Generally, the market quotation is on the high side, but the actual transaction is slow. At present, the current quotation of VN alloy is 151000-154000 yuan / ton, and the mainstream transaction price is about 149000 yuan / ton. The traders say that it is difficult to purchase low-price goods, and the quotation of ferrovanadium is 103000-105000 yuan / ton. At present, the manufacturer’s willingness to sell is not high, they said that the market demand is flat, the inquiry for goods is less, and thus the recent purchase of raw materials is less.

At present, the quotation of V2O5 flakes is 96000-96500 yuan / ton, the manufacturers sold less, and their wait-and-see mood is high. The downstream manufacturers are active in purchasing raw materials, but they are still hesitant and cautious in purchasing at high prices. Downstream manufacturers said that this week they will pay more attention to the bidding of steel plants.

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