www.ferroalloynet.com:This week, the domestic V2O5 flake product market still maintains the situation of oversupply, and terminal demand has not yet been fully released; domestic production is relatively stable, so social inventory are slightly under pressure. V2O5 flake market is in a deadlock with less trading.
First of all, the adjustment of raw material price is not big, and the price of retail V2O5 flake to keep 106,000-106,500 CNY/Ton in cash. Shipping enthusiasm of merchant was significantly enhanced than last week, but the actual transaction is low. The procurement of alloy factory is still not much, and said V2O5 flake purchase price shall not be higher than 105,000 CNY/Ton in cash in the current market. ammonium metavanadate is small adjusted, and metallurgical ammonium vanadate98% down 1000 CNY/Ton, and deal price is more 100,000-101,000 CNY/Ton in cash .
The price is not high and not low in alloy market, and mainstream steel VN alloy bidding price is 161,000 to 162,000 CNY/Ton in acceptance; ferrovanadium50 price is 114,000 to 115,000 CNY/Ton in acceptance. This week, the price of VN alloy is 158,000-163,000 CNY/Ton, and the manufacturer’s price is not high and not low, and the volume of bulk goods is low. The quotation of ferrovanadium50 is 113,000 to 116,000 CNY/Ton. The manufacturer’s quotation is on the high side, so it is difficult to conclude a deal. The traders have little operating space, and the enthusiasm for inquiry and procurement is not high.
In the short term, the release of terminal demand needs time, and the cost of support to manufacturers is bound to stand, so the state of the vanadium market is expected to continue to the end of the month, even if slightly up or down is relatively limited.
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