Vanadium Prices Rise Fast And Transactions Increase

www.ferroalloynet.com: Today, The mainstream quotation of VN alloy is 155000-159000 yuan/ton, and a small number of manufacturers quote more than 160000 yuan/ton. the actual transaction price is mostly 155000 yuan/ton, and a small number of higher transactions are 158000-160000 yuan/ton, all of which are cash price including tax. In recent two days, the price of vanadium market rose rapidly and the market enthusiasm was high, and the transactions increased compared with that of last week.

There are still not many offers from V2O5 flake retail investors. In recent two days, there is a small amount of V2O5 flakes traded with 100000 yuan / ton. by cash with tax. Most downstream manufacturers said that they have not yet purchased raw materials, and now a small number of downstream manufacturers are expected to stop production for thermal insulation in the later period. The large V2O5 flake factories have not signed the orders for shipment recently. The wait-and-see sentiment of most V2O5 flake manufacturers and traders is high, and they are hesitate and cautious to quote for shipment.

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