www.ferroalloynet.com:Recent vanadium market steel bidding is not much, and the overall transaction is less and relatively deadlocked. V2O5 flake market activity increased, and alloy factory inquiry is positive, but manufacturers be reluctant to sell out, and the spot is not much, so the market supply is still relatively short, V2O5 flake transaction is in cash 113,000-114,000 CNY/Ton, and the current high price transaction is less, but alloy factory procurement willingness is gradually increasing at this price.
The transaction price of VN alloy is 170,000-171,000 CNY/Ton in cash. Due to the high price of raw materials, the manufacturer’s offer is still firm in cash of 172,000-175,000 CNY/Ton. At present, the traders’ inquiry price is mostly about 170,000-175,000 CNY/Ton in cash. The market quotation of ferrovanadium is 120,000 to 122,000 CNY/Ton, and they are willing to purchase at the price of 118,000 to 119,000 CNY/Ton. People in the transaction are hesitant and cautious, waiting for more.
www.ferroalloynet.com
