Vanadium Market Tends To Weaken

www.ferroalloynet.com: Today, the quotation of vanadium products: ammonium metavanadate 88000-92000 yuan / ton, retail V2O5 flake 95000-96000 yuan / ton, FeV50: 100000-102000 yuan / ton, VN alloy 148000-150000 yuan / ton, all of which are by cash with tax.

This week, the vanadium market entered a slight consolidation trend. Some V2O5 flake traders hoarded goods at low prices in the early stage. At present, they are more active to sell, and the spot supply exceeds the demand, and then the price is reduced. Today, the retail V2O5 flake price is 95000-96000 yuan / ton by cash with tax, and the transaction is not ideal. The transaction of V2O5 flake is weak, and the transaction of VN alloy is also less. The purchasing price of steel plants is about 150000 yuan / ton by acceptance with tax, and the quotation of manufacturers is adjusted to 148000-150000 yuan / ton by cash with tax. The traders begin to purchase at a lower price, and their intended purchasing price is 145000-146000 yuan / ton by cash with tax. The transaction of upstream and downstream is deadlocked again, and the state of sawing begins. The quotation of ferrovanadium manufacturers is stable and the intention to receive orders is not high, and the shipping price of some traders is reduced to 100000-101000 yuan / ton by cash with tax, which is still difficult to close.

At present, the overall purchasing intention of alloy factories is not high, at the same time, they are not willing to quote and accept orders, so they mainly wait and see.

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