www.ferroalloynet.com: At the beginning of the week, Pangang raised its weekly guidance price to boost the market, with 155000 yuan / ton by acceptance with tax of VN alloy and 102000 yuan / ton by acceptance with tax of FeV50, with an increase of about 6000-9000 yuan / ton.
While, the transaction in retail market is not ideal, tends to be deadlocked, and the inquiry is rare. VN alloy manufacturers offer 148000-150000 yuan / ton by cash with tax, while there are not many quotations from ferrovanadium manufacturers. The manufacturers say that they will purchase raw materials according to their orders.
This week, the large V2O5 flake factories had the intention to adjust the price, but finally said that they would postpone the adjustment until next week. Yesterday, the quotation of V2O5 flakes from retail investors was reduced to 95000-97000 yuan / ton by cash with tax. The quotation of the commodity holder was positive, and the intention to reduce the price again was not strong. However, the downstream alloy plants were more cautious in purchasing, and the bidding price of VN alloy representative steel plants was not released for the time being. In addition, there was no order for retail goods, and the purchasing of alloy plants slowed down. There were also some VN alloy manufacturers press their price for V2O5 flake, and their intended purchasing prices were 92000-94000 yuan / ton by cash with tax, but there is no transaction at this price for the time being.
www.ferroalloynet.com
