VN Alloy Bidding Price Is Stable And Strong
www.ferroalloynet.com: Yesterday, with the bidding price of VN alloy of some steel plants being finalized at 130000-133000 yuan / ton by acceptance with tax, and the large V2O5 flake factories determined the price at 83500 yuan / ton by acceptance with tax(82000 yuan / ton by cash with tax), the market confidence is improved, the quotation of manufacturers is stable and stronger, and the inquiry of raw materials is more active.
The manufacturers of ammonium metavanadate have few quotations and are reluctant to sell. The metallurgical market is separated from the chemical market. The intended purchase price of the alloy plants is not more than 80000 yuan / ton by cash with tax. The chemical enterprises adjust according to the market and purchase based on their demand, and the quoted price is 80000-83000 yuan / ton by cash with tax. In the short term, the price of ammonium metavanadate increased steadily or exceeded the price of V2O5 flake due to the shortage of supply and the reluctance of manufacturers to sell.
After the price of large V2O5 flake factories was finalized, the large factories did not start to sign the orders. Some alloy factories made active inquiries for raw materials, and the retail investors seldom quoted prices for V2O5 flakes, resulting in a deadlock in the transaction. The intended purchase price of alloy plants was mainly at 83000 yuan / ton by cash with tax.
In the aspect of alloy products, the current quoted price of ferrovanadium is 91000-92000 yuan / ton by cash with tax. With the rising of large V2O5 flake factories’ price and bidding price of steel plants, ferrovanadium manufacturers maintain a stable quotation and arrange production based on orders. The quotation of VN alloy is 130000-132000 yuan / ton by cash with tax. The inquiry price of traders is relatively low, the manufacturers are unwilling to accept orders of traders. The bidding market of VN alloy is relatively active. The actual transaction price is 130000-133000 yuan/ton by acceptance with tax. The bidding price of steel plants is considerable and VN alloy manufacturers are active to offer.
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