Retail V2O5 Flake Rose To A New High In Nearly A Year, And The Quotations Of Vanadium Alloy Rose Sharply
www.ferroalloynet.com: Retail V2O5 flake transactions rose sharply to 139,000-140,000 CNY/Ton in cash including tax, an increase of 10,000 CNY/Ton from last week; at the same time, it also reached a new high in the past year. The international vanadium price continued to rise, coupled with the increase in downstream acceptance and continuous market inquiries, the retail market quotations were gradually chaotic last Friday, and most holders did not ship their goods; some quotations on weekends even rose to 145,000-150,000 CNY/Ton in cash, low-priced sources are hard to find. Although the transaction of downstream alloys has also gradually increased, the overall increase is slower than that of V2O5 flake. Most downstream companies are unwilling to accept high-priced orders for the time being, and there are few high-priced transactions in the market.