www.ferroalloynet.com: This week, the increase of vanadium-nitrogen alloy expanded, with a weekly increase of nearly 15,500 CNY/Ton. Steel mills’ bidding prices rose, vanadium and nitrogen manufacturers held up the price, and mainstream transactions rose from 150,000-152,000 CNY/Ton ( by acceptance with tax) to 165,000-168 ,000 CNY/Ton.
| Date | VN Price | Change | VN Cost | VN Profit | Unit |
| 18-Oct | 151,000 | ↑2000 | 151,300 | ↓300 | CNY/Ton |
| 19-Oct | 159,500 | ↑8500 | 154,100 | 5400 | CNY/Ton |
| 20-Oct | 161,500 | ↑2000 | 159,800 | 1700 | CNY/Ton |
| 21-Oct | 161,500 | — | 159,800 | 1700 | CNY/Ton |
| 22-Oct | 164,500 | ↑3000 | 164,800 | ↓300 | CNY/Ton |
With reference to cost and price trends, the transaction price of vanadium-nitrogen alloy is basically still near the cost line. Although the transaction price continues to rise, the price of raw material V2O5 flake has also increased significantly, and vanadium-nitrogen has not yet achieved effective profitability. 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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