The Bulk Vanadium Raw Materials Are Sold At Reduced Prices And The Quotations Of Alloy Factory Are Temporarily Stable Today, the bulk quotation of V2O5 flake has edged down slightly. In Chongyang, the quotation is CNY 127,000-129,000/t, but the downstream alloy factories are still hesitant to purchase CNY V2O5 flake. Yesterday, the lowest market price in Sichuan was CNY 125,000/t by acceptance, but the sources at this price are limited. As for downstream alloys, the mainstream transaction price of ferrovanadium is CNY 135,000/t by cash, while the acceptance price is CNY 140,000/t, relatively stable. The price quoted by vanadium-nitrogen alloy manufacturers has not been loosened. The cash quotation ranges from CNY 197,000-200,000/t. Some traders sell the bulk cargo and accept the price down to CNY 193,000/t. Some traders purchase at a low price, the price of V2O5 flake is CNY 124,000-125,000/t, while that of vanadium-nitrogen alloy is CNY 194,000-195,000/t by acceptance.

According to the V2O5 flake price of CNY 130,000/t, the cost of vanadium-nitrogen alloy is CNY 195,000-200,000/t, Therefore, the pressure on vanadium-nitrogen alloy manufacturers is greater. As a result, vanadium-nitrogen alloy manufacturers are facing sales problems. The price of V2O5 flake is expected to remain unchanged in the short term. The sale of vanadium-nitrogen alloy and it is expected that the pressure of downstream alloying plants will continue in the short term.