Vanadium-Nitrogen Alloy Profit Statistics From 19 To 23 July 2021

www.ferroalloynet.com: The vanadium alloy market is quiet this week, and the prices of vanadium products have not changed much. Compared with last week, the price of vanadium and nitrogen dropped slightly. The mainstream prices offered by manufacturers were 196,000-200,000 CNY/Ton, but the actual transaction did not follow up and the price was low. Some traders quoted about 193,000 CNY/Ton in cash, and the transaction was too small. Although the mentality of manufacturers is different, most of them are waiting for the situation of steel tender at the end of the month and the pricing of vanadium manufacturers in August. (The reference price of vanadium is mainly in the retail market, and the vanadium price of major manufacturers is not included in the calculation.)

Date VN Price Change VN Cost VN Profit Unit
19-Jul 195,000 195,700 -700 CNY/Ton
20-Jul 195,000 195,700 -700 CNY/Ton
21-Jul 195,000 195,700 -700 CNY/Ton
22-Jul 195,000 195,700 -700 CNY/Ton
23-Jul 195,000 195,700 -700 CNY/Ton
It can be seen from the figure that vanadium and nitrogen are slightly upside down this week, and the cost is relatively high. This week, retail V2O5 flake prices have not been adjusted and remained high. However, due to poor demand, the prices of vanadium and nitrogen have dropped, some manufacturers are under pressure and choose to keep warm or reduce production. The above prices are all cash inclusive of tax. Because the labor and transportation costs of various companies are not the same, the profit calculation is for reference only. (The data in this article are only theoretical values, and the actual situation should be based on real transactions)
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