VN Alloy Offer Stable And Transaction Slightly Weak

www.ferroalloynet.com:Today’s domestic vanadium product quotation summary: ammonium vanadate of100,000-105,000 CNY/Ton, V2O5 flake of 1105-112,000 CNY/Ton, 50 ferrovanadium of 1160-120,000 CNY/Ton, VN alloy of 166-168,000 CNY/Ton, all in cash and including tax.

At the beginning of the week, the price of vanadium products is mainly stable, and the turnover of VN alloy is slightly weak. The price of V2O5 falke is firm, and retail price is on the high side, and they are reluctant to sell at low price. The  VN alloy manufacturers said the price is not high in downstream, and raw materialcosts are high, so they wait and see. Last week, there are a lot of steel recruit inalloy market, and the price of VN alloy is 168,000 to 170,000 CNY/Tonin acceptance including tax, and the price of ferrovanadium50 is 116,000 to 120,000 CNY/Tonin acceptance includes tax. Although the manufacturer intends to keep the price, but under competitive pressure, the price of VN alloy rose slightly and the increase is limited. Today, VN alloy manufacturers offer 16.6-168,000 CNY/Tonin cash, which is a slightly falling trend, and it ‘s difficult to make a deal largely. To prevent losing money, ferrovanadium manufacturers offer on the high side generally, and have less transactions. The traders quotation is about 116,000 CNY/Tonin cash.

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