Vanadium Market Transaction Slows Down

www.ferroalloynet.com: Today, the domestic vanadium products are quoted as follows: ammonium metavanadate: 104,000-107,000 Yuan/ton in cash with tax; large V2O5 flake factories: 107,000 Yuan/ton by acceptance with tax; bulk V2O5 flake: 110,000-112,000 Yuan/ton; FeV50: 108,000-110,000 Yuan/ton in cash with tax; VN alloy: 170,000-175,000 Yuan/ton by acceptance with tax.

This week, vanadium alloy bidding information is less, and alloy market enters into calm period of inquiry. The overall mentality of the manufacturer is relatively stable, and the manufacturer’s shipping intention is not high when the price is low. In comparison, traders have a high enthusiasm for sale, and the quotation of bulk V2O5 flake is slightly loose, and the transaction price is 110,000-111,000 Yuan/ton in cash with tax; the shipment of FeV traders is also increased, and the quotation is mostly between 109,000 Yuan/ton and 110,000 Yuan/ton in cash, but the transaction situation is relatively flat.

Today, steel plants focus on the VN alloy bidding of Shaoguan Steel. Under the support of the price of large V2O5 flake factories, the quotation of VN alloy manufacturers is relatively firm.

www.ferroalloynet.com