VN Alloy Tender Price Of Steel Plants Decreased To 135000 Yuan / Ton Today’s quotations of vanadium products are as follows: ammonium metavanadate 98%: 83000-85000 yuan / ton; V2O5 flake: 85000-86000 yuan / ton; FeV50: 94000-95000 yuan / ton; VN alloy: 134000-135000 yuan / ton, all of which are by cash including tax.
This week, the prices of vanadium products continued to fall, and the tender price of steel plants continued to decline as well. The tender price of VN alloy has dropped to 135000 yuan / ton by acceptance with tax, and the tender price of FeV50 fall to 94000 yuan/ton by acceptance with tax, and then the manufacturer’s quotation was adjusted accordingly. The quotation of VN alloy manufacturer was 134000-135000 yuan / ton by cash with tax and the quotation of FeV50 was 94000-95000 yuan/ton by cash with tax, all transaction prices tended to be low price. Yesterday, the price of V2O5 flake retailers was reduced to 85000 yuan / ton by cash with tax, and some manufacturers purchased based on their orders. Based on the current price of V2O5 flake, the quotation of ammonium metavanadate does not exceed 83000 yuan / ton by cash with tax. Due to less transactions, some manufacturers have high inventory and keep waiting to see the market trend in the later period.