www.ferroalloynet.com:Today’s domestic vanadium product quotation summary: Ammonium metavanadate of 102-106,000 CNY/Ton, V2O5 flake of 1105-112,000 CNY/Ton, ferrovanadium50 of 1166-120,000 CNY/Ton, VN alloy of 166-170,000 CNY/Ton, all in cash and including tax.
Into the middle of the month, there is less transaction in vanadium market, and raw material market price is still firm. Alloy market is slightly weak, and prices fluctuate in a narrow range. Last week, retail V2O5 flake transaction price is 110,500-115,500 CNY/Ton in cash, and part of the cargoes offer higher than 115,500 CNY/Ton in cash, and it’s difficult to deal. VN alloy quotation is 166,000 to 170,000 CNY/Ton in cash, and steel bidding price is stable, which is an acceptance of 167,000 to 169,000 CNY/Ton, and bulk goods transaction is not much. Traders force prices down to purchase, and alloy factory is unwilling to sell at low price, so they are deadlocked and wait and see. Ferrovanadium market is deadlock and maintain stability, and the actual transaction price of bulk goods is 115,000-116,000 CNY/Ton in cash, and steel bidding price is an acceptance of 117,000-119,000 CNY/Ton.
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