www.ferroalloynet.com: This week, the price of domestic vanadium market is stable. Some products changed slightly in the inquiry, but the actual transaction price range of upstream and downstream products did not fluctuate. The demand in the steel market was tepid, and the raw material enterprises kept constant production and supply, and the manufacturers were firm in the market attitude, but they no longer blindly pursued the high prices. The market prices with stable supply and demand have no other fluctuations.
This week, the transaction price of V2O5 flake remains at about 105,500 yuan / ton, which has been at the same level as the price of large factories. A little higher price can be traded to some small alloy factories without long-term agreement. Generally, large ferrovanadium and VN alloy plants have raw materials with a cash price of 105,500 yuan / ton. The overall inquiry in the V2O5 flake market is not positive, and the bulk supply is not large, and the prices are not more than 106,000 yuan / ton.
This week, the ferrovanadium market has been affected by the suspension of small and medium-sized manufacturers since the middle of this month, and the supply of Pangang’s goods to the bulk market has become tight. In addition, the small and medium-sized manufacturers have stopped production. After the consumption of bulk goods, the market inquiry has slightly recovered. Some traders who supply for a long time have reported that they are out of stock. The spot price is 105,000-106,000 yuan / ton, and the cash price of 104,000 yuan / ton is relatively low. The later market will continue to warm up, but the pace has been slow.
VN alloy manufacturers adhere to the current price and have certain profits. Their mentality gradually changes from constant upward to stable market. The market quotation is 165,000-166,000 yuan / ton in cash with tax, futures price is 164,500 yuan / ton in cash with tax, and the bidding price is 169,000-170,000 yuan / ton by acceptance with tax. Next week, it is expected that the bidding price will fluctuate at this range, and it is not easy to break through.
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