Vanadium Raw Material Prices Continue To Rise And People Are Cautious To Deal

www.ferroalloynet.com:VN alloy transaction follows up slightly, and manufacturers mostly temporarily do not offer due to raw material problems, or offer high price of in cash 180,000-185,000 CNY/Ton. The actual transaction price is mostly in cash of 178,000-180,000 CNY/Ton, and the market procurement enthusiasm is general. Steel bidding follows up step by step, and the recent transactions of traders are less, they said that there is not much room for operation.

The price of raw materials continues to rise slightly, and the downstream manufacturers say that the pressure is increasing. At present, the market deals price fluctuates, and it is difficult to find low prices. Alloy factory purchase raw materials in the case of orders or just for rigid need, and they are cautious to purchase at high price. Nearly two days V2O5 flake transaction price is in cash 119,500-120,500 CNY/Ton, Tranvic and Desheng are expected to decide June V2O5 flake price next week, and they are waiting to enter the concentration period of the steel bidding, keeping wait-and-see mainly.

www.ferroalloynet.com