Vanadium Price Falls Unabated, Market Negative Atmosphere Is Obvious

www.ferroalloynet.com: Today’s quotations of vanadium products are as follows: ammonium metavanadate 98%: 83000-85000 yuan / ton; V2O5 flake: 85000-86000 yuan / ton; FeV50: 93000-95000 yuan / ton; VN alloy: 132000-133000 yuan / ton, all of which are by cash including tax.

This week, the price of vanadium has been falling every day. The bidding price of vanadium alloy has been constantly falling. Steel mills have been pushing down the price of vanadium products. The supply of vanadium products has exceeded demand. The only way for alloy factories to ship goods is to continuously reduce the quotation. The inquiry price of traders is also adjusted daily, and the price of vanadium has been falling continuously. The vanadium alloy market is under pressure, and all upstream vanadium products are passively following the adjustment. The large V2O5 flake factories have not signed orders this week. The quotation of V2O5 flake retailers is reduced to 85000 yuan / ton by cash with tax. Today, the intended purchasing price of V2O5 flake for VN alloy manufacturers has been adjusted to 82000-83000 yuan / ton by cash with tax. The manufacturer said that it is difficult to sell VN alloy. At present, it is still hard to deal with the quotation of 132000-133000 yuan / ton by cash with tax, and the inquiry price of traders has been adjusted to 129000-13000 yuan / ton by cash with tax. Vanadium market fear of falling atmosphere is obvious. A small number of manufacturers have to sell at a low price due to the pressure of all parties, but the actual transaction is relatively small.

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