www.ferroalloynet.com:Entering this week, the procurement of vanadium raw materials is still active, but there is still a shortage of goods in market circulation. Alloy factories mainly make inquiries and actual transactions are not good, and the market is mainly stable. At present, the quotations of V2O5 (flake) for bulk cargoes are concentrated at around 122,000-123,000 CNY/Ton in cash, and the transaction price is 120,000-121,000 CNY/Ton in cash. The high price of 121,000 CNY/Ton has been traded since last week, but it’s difficult to purchase at this price.
According to major manufacturers, Desheng has begun to sign orders one after another, but it will overhaul furnaces this month, and output will be affected to a certain extent. Inquiries on the ammonium metavanadate are slowly increasing, and market quotations are less. At present, the price of ammonium metavanadate98% purchased by the VN alloy plant is about 114,000-115,000 CNY/Ton, and the price of ammonium metavanadate98% of chemical grade is higher and the transaction is small.
www.ferroalloynet.com
