www.ferroalloynet.com: Recently, raw material procurement is tight. Some V2O5 flake manufacturers are bullish, and become more cautious to sell. At present, the market quotation of V2O5 flake is 85000-86000 yuan / ton by cash with tax, but the overall shipment is small and the transaction is weak. Today, most of the VN alloy market quotations are 133000-135000 yuan / ton by cash with tax. Most manufacturers have made firm offer and tried to drive the market price upward. However, the actual transaction price is still lower than the quoted price. Part of the VN alloy manufacturers arrange production according to the order signing sequence because the inventory is not much. Traders said that they are hesitant and cautious to purchase VN alloy currently.
The prices of V2O5 flake purchased by downstream manufacturers are mostly in cash of 83000-84500 yuan / ton with tax. Today, the mainstream quotation of ferrovanadium is 92000-94000 yuan / ton by cash with tax. Ferrovanadium manufacturers say that their enthusiasm for inquiry is not high and their shipment situation is general. At present, the demand of ferrovanadium market is weak, and it is not easy to deal with high price, low willingness to sell goods at low price, so most manufacturers insist in strong quotation, while the actual transaction is less.
www.ferroalloynet.com
