The Transaction In Vanadium Market Has Slowed Down And The Price Is Weak
www.ferroalloynet.com: The overall transactions of vanadium products remained stagnant. The price of vanadium and nitrogen continued to fall under pressure, and mainstream transactions were 187,00-190,000 CNY/Ton (by acceptance); most manufacturers said they were reluctant to ship at low prices for the time being, and some trading companies had low transactions, but they still focused on small orders with rigid demand. The transaction price of ferrovanadium has been lowered by nearly 3,000 CNY/Ton from the same period last week. Due to deepening cost pressures, some manufacturers have suspended their price concessions to wait and see the market, ferrovanadium mainstream transaction prices weakly stabilized at 136,000-140,000 CNY/Ton (by acceptance).