VN Bidding Price Has Bottomed Out, Difficult To Rise Or Fall In The Later Market This week, the bidding price of three consecutive steel mills was maintained at 147000 yuan / ton. This round of steel bidding price before the festival is expected to be the bottom price. Compared with the quotation of 96000 yuan / ton from the large vanadium plants, the vanadium nitrogen plants with price of 147000 yuan / ton by acceptance is still unprofitable or even at a loss, and the low-cost V2O5 flake in bulk market is gradually reduced. The spot of V2O5 flake with price of 93000 yuan / ton by cash is limited, and the price of bulk reserve is firm. Under this trend, the follow-up quotation of vanadium and nitrogen plants must refer to the raw material price of large-scale vanadium plants with strong mentality.

Recently, the large vanadium plants still sell at the price of 96000 yuan / ton by acceptance, and the downstream acceptable willingness is not high. We want to firm up the price of V2O5 bulk . It is estimated that the bidding price of subsequent steel plants will be no more than 150000 yuan / ton. And steel mills will refer to the current mainstream price of steel bidding, so it is difficult to rise in the future. It is estimated that there will be a fluctuation range of 1000-1500 yuan / ton of V2O5 flake in bulk market and 3000 yuan / ton of vanadium nitrogen alloy during the period.