www.ferroalloynet.com:This week, there is little fluctuation in vanadium market. However, the recent two days, the market price is in a deadlock, and it is in an awkward stage now. The market has a strong mentality of buying up or not buying down.
The mainstream transaction price of VN alloy market is 158,000 to 160,000 CNY/Ton; the traders quotation is 159,000 to 160,000 CNY/Ton, and the manufacturers quotation is 162,000 to 166,000 CNY/Ton, but demand is general in the alloy market, and the enthusiasm for inquiry is poor; the attention of high market price is low, and market transaction is less.
Transaction price of raw material retail V2O5 flake is about 106,000 CNY/Ton in cash, and part of the transaction is lower than this price, but low price supply is still less, so it is difficulty to purchase at low prices. The price of partial ammonium metavanadate decreased slightly with the market price of raw materials, but the change was not large. The mainstream transaction price of metallurgy in the market was 100,000-101,000 CNY/Ton in cash, and the purchasing intention of manufacturers was less than 100,000 CNY/Ton for cash. Both upstream and downstream are in a state of stalemate game, and most manufacturers, traders say that they are waiting and seeing situation of steel recruit next week .
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