Vanadium Market Is Quiet At The Beginning Of This Week

www.ferroalloynet.com: Today’s quotations of vanadium products are as follows: ammonium metavanadate 98%: 78000-80000 yuan / ton; V2O5 flake: 78000-79000 yuan / ton; FeV50: 90000-91000 yuan / ton; VN alloy: 120000-122000 yuan / ton, all of which are by cash including tax.

At the beginning of the week, the upstream and downstream vanadium enterprises were in a stalemate and wait-and-see state. Although the prices of large V2O5 flake factories remained unchanged last Friday, the prices of V2O5 flake retailers were still at a low level of 78000-79000 yuan / ton by cash with tax, which was not easy to deal with, and some of the suppliers were unwilling to offer. The downstream alloy factories said that it was difficult to sell VN alloy, and the tender price of VN alloy was low. The inquiry price of traders was generally lower than 120000 yuan / ton by cash with tax. However, manufacturers were reluctant to sell, and there was no low price of raw materials. It was better to wait for the bidding market at the beginning of the month. Some manufacturers said that they would stop production and keep heat preservation when the raw materials were exhausted. The transaction of ammonium metavanadate is rare. The ferrovanadium market is still under pressure, and most manufacturers generally purchase raw materials after receiving orders, and operate cautiously.

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