www.ferroalloynet.com:This week, the price of vanadium products continues to rise slightly, V2O5 flake price compared with the beginning of the week rose about 2000 CNY/Ton, and the current retail V2O5 flake market offer is less, and most are in cash 121,000-122,000 CNY/Ton. It’s difficult to purchase at the price less than in cash 120,000 CNY/Ton, and the current mainstream transaction price is in cash 120,500 CNY/Ton. People in the market has high enthusiasm for inquiries, and big factory is expected to adjust June V2O5 flake next week, and their wait-and-see sentiment increases.
VN steel bidding is gradually launched, and the steel acceptance price is 179,000-183,000 CNY/Ton. VN manufacturers mainly work for early orders, and they temporarily not shipped. The offer rose to in cash 180,000-185,000 CNY/Ton, and actual transaction slowly follows up. The price of 174,000-175,000 CNY/Ton in cash at the beginning of the week, and the current transaction price is in cash of 176,000-181,000 CNY/Ton.
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