www.ferroalloynet.com: This week, the steel recruitment has continued, and the V2O5 flake market has continued to increase in activity. Traders’ inquiries increased, and the retail market quotations of V2O5 flake continued to rise slightly to 121,000-122,000 CNY/Ton in cash. Part of the downstream manufacturers’ psychological prices are still around 119,000-120,000 CNY/Ton in cash, and they are unwilling to accept the order if the price above 120,000 CNY/Ton.
Inquiries in the V2O5 flake market are still dominated by traders and some ferrovanadium enterprises. Because vanadium-nitrogen alloy manufacturers would face huge pressure at the current price, they often maintain a wait-and-see attitude. With large V2O5 flake manufacturers maintaining high prices in September and a slight increase in downstream demand, it is difficult to find low-priced sources in V2O5 flake market.
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