www.ferroalloynet.com: At the beginning of the week, people in the market were more wait-and-see, and the quotation was less. The retail vanadium market price was chaotic. Some of the holders quoted more than 120,000 CNY/Ton in cash, and the alloy factory was willing to purchase the price of 1175-118,500 CNY/Ton.
Most of the VN manufacturers are reluctant to sell out, said that the high price of shipment is difficult. The current piece of V2O5 flake are unstable, so they do temporarily not quoted, waiting and seeing the future market. At present, a small amount of VN transaction cash price is 175,000-177,000 CNY/Ton, and the market offer is rarely high cash price of 180,000-185,000 CNY/Ton, and the market low price supply is not much,so people’s procurement and shipment are cautious.
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