www.ferroalloynet.com:Today’s domestic vanadium products quote summary: metallurgical ammonium metavanadate98% of 112,000-115,000 CNY/Ton, retail V2O5 flake of 119,000-120,000 CNY/Ton, VN alloy of 178,000-180,000 CNY/Ton, ferrovanadium50 125,000-128,000 CNY/Ton, all cash tax included price.
At the beginning of the week, Pangang guidance price remains unchanged, upstream and downstream vanadium enterprises quoted firm, and some alloy factories are reluctant to quote. Some manufacturers quote 120,000 CNY/Ton. VN plant is hesitant to purchase. The intended price is not more than 118,500 CNY/Ton in cash. Traders quoted VN alloy in cash 177,000-178,000 CNY/Ton, ferrovanadium50 is in cash 125,000-126,000 CNY/Ton. Alloy factory quoted a higher price, some manufacturers are not high quotation intention, and V2O5 flake is difficult to purchase, and the cost is uncertain, so it is difficult to quote.
Overall, raw material transaction is positive, but alloy transaction is slow, most vanadium enterprises are bullish on follow-up market. The state of mind is good, but short-term shipment intention is not high, on the one hand, they are waiting for a large vanadium factory price adjustment, on the other hand, they are looking forward to steel price guidance market.
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