www.ferroalloynet.com: In December, as V2O5 flake is “tight” and downstream demand is still good,the overall vanadium market is strong. To late December, due to the traders who early cover goods began to ship, and the V2O5 flake rush high back, which is from the highest cash of 100,000-101,000 yuan/ton gradually fell to cash of 94,000-95,000 yuan/ton at the end of the month. VN alloy transaction price is closely following the adjustment of raw material V2O5 flake ; in the jumping stage, the high price transaction is not much, mainly to scattered transactions. Calculate the cost of VN alloy in December (V2O5 flake*1.42+ 10,000 processing fee), to understand the overall production situation of the alloy plant.
| Date | Average price (V2O5 flake) | Cost price (VN Alloy) | Transaction price(VN Alloy) | Unit |
| 1-Dec | 84000 | 129300 | 130000 | Yuan/Ton Acceptance with tax |
| 2-Dec | 84000 | 129300 | 131500 | Yuan/Ton Acceptance with tax |
| 3-Dec | 84000 | 129300 | 132000 | Yuan/Ton Acceptance with tax |
| 4-Dec | 84750 | 130300 | 132000 | Yuan/Ton Acceptance with tax |
| 7-Dec | 84750 | 130300 | 132000 | Yuan/Ton Acceptance with tax |
| 8-Dec | 84750 | 130300 | 132000 | Yuan/Ton Acceptance with tax |
| 9-Dec | 84750 | 130300 | 132000 | Yuan/Ton Acceptance with tax |
| 10-Dec | 85250 | 131100 | 132000 | Yuan/Ton Acceptance with tax |
| 11-Dec | 85250 | 131100 | 132000 | Yuan/Ton Acceptance with tax |
| 14-Dec | 86000 | 132100 | 133000 | Yuan/Ton Acceptance with tax |
| 15-Dec | 86000 | 132100 | 133000 | Yuan/Ton Acceptance with tax |
| 16-Dec | 86000 | 132100 | 133000 | Yuan/Ton Acceptance with tax |
| 17-Dec | 88000 | 135000 | 137000 | Yuan/Ton Acceptance with tax |
| 18-Dec | 89000 | 136400 | 139000 | Yuan/Ton Acceptance with tax |
| 21-Dec | 90000 | 137800 | 142500 | Yuan/Ton Acceptance with tax |
| 22-Dec | 92000 | 140700 | 144500 | Yuan/Ton Acceptance with tax |
| 23-Dec | 96000 | 146300 | 150000 | Yuan/Ton Acceptance with tax |
| 24-Dec | 99500 | 151300 | 153000 | Yuan/Ton Acceptance with tax |
| 25-Dec | 99500 | 151300 | 153000 | Yuan/Ton Acceptance with tax |
| 28-Dec | 98500 | 149000 | 153000 | Yuan/Ton Acceptance with tax |
| 29-Dec | 97500 | 148500 | 153000 | Yuan/Ton Acceptance with tax |
| 30-Dec | 97000 | 147700 | 149500 | Yuan/Ton Acceptance with tax |
| 31-Dec | 96000 | 146200 | 149500 | Yuan/Ton Acceptance with tax |
As can be seen from the above figure, the transaction price of VN alloy in December is generally higher than the cost price, but the profit is not high. As V2O5 flake and VN alloy promote each other, the alloy plant as a whole is still relatively passive, and V2O5 flake rises too fast, pushing the price of VN alloy to rise, but the transaction lag and the high transaction is less, so most of the alloy plant are in the early order of delivery. In December terminal purchase is good, and inquiries do not reduce, which is also the support of the market.
As a whole, VN alloy manufacturers in December build to order with slightly profit, but production enthusiasm is not being decreased.
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