Vanadium Market Is Stable And Strong This Week, With Active Transactions

www.ferroalloynet.com: This week, the vanadium product market as a whole was stable and strong, the transaction of V2O5 flake market was gradually active, the alloy market was improved, and the trading atmosphere of retail market was positive and good.

The large V2O5 flake manufacturers signed orders smoothly, and the downstream manufacturers actively purchased. The transaction price of retail goods was basically the same as that of the large manufacturers, mainly in cash of 94500 yuan / ton. Some retail holders slightly increased the quotation to 95000-96000 yuan / ton by cash. Some downstream manufacturers are cautious in purchasing, and it was difficult to deal at a high price. The market of ammonium metavanadate maintains stable operation. The purchasing price of alloy factories is 90000-91000 yuan / ton, and the purchasing price of chemical enterprises is slightly higher at 92000-93000 yuan / ton by cash, and the impurity element is low.

In terms of alloy market, this week, the price of VN alloy rose slightly compared with last week, and the rising bidding price of steel plants boosted market confidence. In addition to the cost support of V2O5 flake, the manufacturer’s mentality was firm. The quotation was gradually raised to 147000-148000 yuan / ton by cash, and the actual transaction price was 146000-147000 yuan / ton by cash, which made it difficult for traders to purchase at low prices. The ferrovanadium market is deadlocked and stable. The manufacturers offer at 102000-103000 yuan / ton by cash with tax, while the traders offer a little lower. However, compared with last week, the price of ferrovanadium is slightly higher by 1000 yuan / ton. The actual transaction is deadlocked at cash of 100000-101000 yuan / ton by cash with tax.

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