Vanadium Market Stalemate Temporarily Stable, Continuing To Pay Attention To Steel Bidding

www.ferroalloynet.com:Today, the domestic price of vanadium products: ammonium metavanadate98% of 10-103,000 CNY/Ton, retail piece of V2O5 flake of 106,000-106,500 CNY/Ton, ferro-vanadium50 of 113,000-116,000 CNY/Ton, VN alloy of 158,000-163,000 CNY/Ton, which all are in cash tax included .

This week, the domestic vanadium stalemate is stable. The support of cost of V2O5 flake that makes the V2O5 flake price temporarily no sign of continuing to fall, and demand is still insufficient and vanadium price rise and slightly weak. There is normal shipment of large factory V2O5 flake, and the actual transaction price of retail V2O5 flake is not more than 106,000 CNY/Ton in cash. Nearly two days, traders shipping is positive, and the offer is unified. Alloy factory procurement is still cautious, and V2O5 flake is still low price difficult to inquire. The transaction price of ammonium metavanadate is stable and weak; the transaction price of  metallurgical ammonium98% is in cash of 100,000-101,000 CNY/Ton, and the transaction price of 98% chemical industry is 106,000-107,000 CNY/Ton.

There is no fluctuations in alloy market, and the offer of VN alloy manufacturers maintains stable at 158,000 to 163,000 CNY/Ton in cash; bulk goods transaction price is in cash of 158,000 to 160,000 CNY/Ton and 162,000 to 164,000 CNY/Ton in acceptance with tax. The offer of ferrovanadium manufacturers is in cash of 116,000-118,000 CNY/Ton, and traders offer is in cash of 113,000-115,000 CNY/Ton with scattered transaction. The bulk market is slightly weak. This week is not much steel, and price guidance is not strong. Alloy factory is waiting for concentrated steel at the end of the month, waiting and seeing vanadium price trend.

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