Vanadium Prices Continue To Rise

www.ferroalloynet.com: At the beginning of the week, the bullish mood of vanadium enterprises was high, and manufacturers and traders generally held a positive attitude towards the future development. Today, the transaction price of VN alloy is 140000-141000 yuan/ton, and the mainstream quotation is 142000-145000 yuan/ton by cash with tax. Today the price of VN alloy at Pangang is 146000 yuan / ton by acceptance with tax, increased by 5000 yuan / ton compared with last week.

Most downstream manufacturers said that it was still not easy to purchase V2O5 flakes, and manufacturers had fewer deliveries. At present, the quotation of a small number of V2O5 flake manufacturers have already reached 90000 yuan / ton by cash with tax, but the mainstream transaction price is still around 89000 yuan / ton. The acceptance of downstream manufacturers for high-price V2O5 flake becomes higher gradually, and the low-price transaction is reduced. In recent two weeks, vanadium market activity index continued to improve. But some manufacturers still keep a wait-and-see attitude, and they are more cautious to quote for sale.

www.ferroalloynet.com