Vanadium-Nitrogen Alloy Continues To Decline, Retail V2O5 Flake Is Difficult To Trade
www.ferroalloynet.com: After the holiday, the vanadium-nitrogen alloy market continued to be in a downturn. Most of the alloy plants were not interested in quoting and paid attention to the situation of steel recruitment. Some manufacturers were also quoting vanadium-nitrogen alloys in cash of 152,000-154,000 CNY/Ton, all of which indicated that the transaction was difficult, the bidding price has reached 152,000 CNY/Ton in cash, and traders even lowered the price to around 150,000 CNY/Ton in cash. Although V2O5 flake prices have been declining simultaneously, the alloy plants are still in an upside-down state and their production enthusiasm is low.
At present, retail V2O5 flake quotations are 103,000-104,000 CNY/Ton in cash, and the transaction is difficult. At present, the transaction price of vanadium-nitrogen alloy is 152,000 CNY/Ton in cash, and the cost of folded V2O5 flake is around 100,000 CNY/Ton. In addition, most vanadium enterprises are bearish and the enthusiasm for raw material inquiries is not high. In the short term, retail V2O5 flake prices will also go down, and at the same time, we will pay attention to the latest trends of large scale V2O5 flake manufacturers.
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