Vanadium Market Prices Continue To Rise, Raw Material Procurement Is Difficult

www.ferroalloynet.com: The end of the month is coming, and the bidding of large steel plants is in progress. The price of vanadium market is rising and manufacturers are positive. The quotations of various products continue to rise, but the actual turnover in the market is small.

Today, the mainstream quotation of VN alloy is 148000-154000 yuan / ton by cash with tax, but most downstream manufacturers do not quote, indicating that it is not easy to purchase raw materials, thus they can’t quote for shipment. The shipments of V2O5 flake retail investors are less.

Today, the market activity increased significantly, the price rose, and the market enthusiasm increased significantly. V2O5 flake manufacturers and traders are mostly on the wait-and-see, not shipping.

www.ferroalloynet.mn