www.ferroalloynet.com:Although recently the price of VN alloy slightly fell, VN alloy bidding price is not high, and it’s hard to make a deal in bulk goods market. Traders pressure price down to purchase, but alloy factories are reluctant to sell, and they don’t want to sell at low price. The V2O5 flake price is firm, and it is expected to deadlock in short term in vanadium market.
V2O5 flake transaction price continued to maintain 110,500-11,500 CNY/Ton in cash, and large factories are difficult to find supplies, and it’s difficult to find low-cost resources in bulk market. Some ammonium metavanadate manufacturers quoted 105,000-108,000 CNY/Ton in cash, and metallurgical ammonium metavanadate actually traded at the price of 105,000-106,000 CNY/Ton in cash.
There are not much transaction in alloy market relatively, and the seller and the buyer are deadlocked, and VN alloy quoted 166,000 to 170,000 CNY/Ton in cash, and bulk cargo actual transaction price is 165,000 CNY/Ton.
Ferrovanadium manufacturers offer not less than 120,000 CNY/Ton in cash in Jinzhou, and market traders have a small amount of stock and offer 117,000 to 118,000 CNY/Ton, The actual transaction price is 115,000 to 116,000 CNY/Ton in cash, and there is few transactions.
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