www.ferroalloynet.com:The quotation of VN alloy increased slightly, and the market mentality was different. The quotations of VN alloy are high and low. Factory A gave offer price at 183,000 CNY/Ton (by cash), indicating that the recent transaction is around 180,000 CNY/Ton in cash. Factory B stated that it is currently focusing on fulfilling orders in previous time, and gave firm offer price at 186,000 CNY/Ton in cash. The actual transaction has not been followed up yet.
Factory C said that the cost is rising and the willingness to ship at low prices is not great. Factory D said that it is difficult to make transactions at high prices and it is not easy to purchase raw materials at low prices, so they suspend offers and hold wait-and-see attitudes. At present, the low-priced supply of VN alloys has decreased. The mainstream transaction price of V2O5 flake yesterday was about 122,000 CNY/Ton in cash. The acceptance of manufacturers increased and the transaction was relatively positive.
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