V2O5 Flake Price Down Slightly With Pressure

www.ferroalloynet.com: Today’s quotation of vanadium products: ammonium metavanadate 98000-99000 yuan / ton in cash with tax, the actual transaction price is 97000-99000 yuan / ton; the quotation of V2O5 flake is 102500-103000 yuan / ton in cash with tax, the actual transaction price is 102000-102500 yuan / ton; the quotation of 50 ferrovanadium is 105000-107000 yuan / ton, the actual transaction price of bulk cargo is 105000-106000 yuan / ton, and the bidding price of steel plants is 106000-107000 yuan / ton; the quotation of VN alloy is 162000-163000 yuan / ton, the actual transaction price is 160000-162000 yuan / ton, and the bidding price of steel plants is 163000-165000 yuan / ton by acceptance.

In terms of raw material market, ammonium metavanadate is relatively stable, and the V2O5 flake is under pressure. The V2O5 flake suppliers from retail market offer to ship positively, while the VN alloy manufacturers are more cautious in purchasing. Because of the purchase in the early stage, the VN alloy manufacturers have not purchased much due to sufficient stocks. Some VN alloy manufacturers lowered their quotations to promote the transaction, but the transaction was still not smooth, and the traders cut down the price and were more cautious; the bidding market of VN alloy gradually began to be active, but the transaction was obviously not ideal, and the price showed a downward trend. The FeV bidding price of steel plants declined slightly, and the transaction of bulk market is tepid.

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