VN Manufacturers Do Not Quote For The Time Being

www.ferroalloynet.com: With the recent upward trend of VN alloy bidding price, the market inquiry is relatively active, and the VN alloy manufacturers have a more positive attitude. They are optimistic about the steel bidding at the end of the month, have a strong attitude of cherishing goods, do not offer temporarily, and have a small amount of inventory. At present, the orders of most manufacturers are basically arranged to the end of the month, and the V2O5 stocks are basically used to the end of the month. Due to the poor control of the purchase price of V2O5 flake in the later period, future orders are not accepted temporarily. Today, the mainstream quotation of VN alloy market is 146,000-148,000 Yuan/ton in cash with tax, and the purchase price of traders is controlled within 145,000 Yuan/ton in cash with tax.

In May, the vanadium market improved, and the manufacturer’s operating rate is expected to increase slightly compared with last month. In May, the total output of VN alloy is about 4600 tons.

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