The Quotation Of Domestic Vanadium Products Declined

www.ferroalloynet.com: Today’s quotation of each vanadium products: ammonium metavanadate: 100,000-102,000 Yuan/ton in cash with tax; V2O5 flake: 106,000-107,000 Yuan/ton; Ferrovanadium: 106,000-108,000 Yuan/ton; VN alloy: 161,000-164,000 Yuan/ton. Compared with yesterday, the price of VN alloy was significantly reduced. Some manufacturers sell at low price in order to collect funds, and the spot price was 161,000-162,000 Yuan/ton. In bulk market, the quotation of V2O5 flake manufacturers was firm, and the transaction was deadlocked. Yesterday, the intended purchase price of VN alloy from ZENITH was 163,000 Yuan/ton by acceptance with tax, and intended to purchase 120 tons. The final specific price is temporarily unknown.

The terminal demand is reduced, the domestic vanadium product market is in sufficient supply, and the traders are active in shipping. The transaction price of bulk goods is down, and the bidding price of vanadium alloy continues to decline this week.

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