Vanadium-Nitrogen Alloy Profit Statistics From 11 To 15 October 2021

www.ferroalloynet.com: After the holiday, vanadium-nitrogen alloy stopped falling and turned up. This week, vanadium-nitrogen alloy was raised from 140,000-143,000 CNY/Ton (by acceptance with tax) to 150,000-152,000 CNY/Ton, an increase of nearly 10,000 CNY/Ton.

Date VN Price Change VN Cost VN Profit Unit
11-Oct 143,000 ↑3,500 143,000 CNY/Ton
12-Oct 146,000 ↑3,000 147,000 ↓1,000 CNY/Ton
13-Oct 147,000 ↑1,000 147,000 CNY/Ton
14-Oct 147,000 147,000 CNY/Ton
15-Oct 149,000 ↑2,000 148,000 ↑1,000 CNY/Ton
With reference to cost and price trends, the cost of vanadium-nitrogen alloys suspended upside down. The price of V2O5 flake continues to increase and it is difficult to find low prices. In addition, steel mills have increased their purchases, and vanadium-nitrogen alloy manufacturers have a strong tendency to rise. However, due to the continued upward adjustment of V2O5 flake, vanadium-nitrogen alloys are still on the cost line. 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. For the actual situation, please focus on real transactions. The reference price of V2O5 flake is mainly in the retail market, and the V2O5 flake price of major manufacturers is not included in the calculation.)
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