www.ferroalloynet.com: This week, the price of vanadium products decreased by 1000-2000 yuan / ton, and the transaction price of retail V2O5 flake fell to 94500-95000 yuan / ton by cash with tax. The quotation of large factories was firm and there was no order signed for the moment. The demand of ferrovanadium market continued to be weak, the quotation of retail suppliers was not adjusted much, and the bidding price of steel pants decreased slightly. In bulk market, there were few transactions of VN alloy. Manufacturers offered at 146000-148000 yuan / ton by cash, while traders’ intended purchasing price was 145000-146000 yuan / ton. The deal was deadlocked. Although by the end of the month, the procurement of steel plants before the festival was not as positive as expected, alloy plants and V2O5 flake enterprises continued to pay attention to the bidding of steel plants.
Product |
Price on 21 Sep |
Price on 25 Sep |
Change |
Basis(Yuan/ton) |
AMV |
93000-95000 |
92000-94000 |
↓1000 |
Cash with tax |
V2O5 flake 98% |
96000-97000 |
94500-95000 |
↓1750 |
Cash with tax |
FeV50 |
102000-103000 |
100000-102000 |
↓1500 |
Acceptance with tax |
VN alloy |
151000-152000 |
149000-151000 |
↓1500 |
Acceptance with tax |
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