Vanadium-Nitrogen Bidding Prices Maintain Stability, And Retail V2O5 Flake Quotations Are Firm

www.ferroalloynet.com: Summary of transaction prices of vanadium products: vanadium nitrogen alloy is 153,000-156,000 CNY/Ton (by acceptance), ferrovanadium is 109,000-116,000 CNY/Ton (by acceptance); retail V2O5 flake is 102,000-103,000 CNY/Ton in cash, and ammonium metavanadate is 96,000-97,000 CNY/Ton in cash.

In terms of alloys: the bidding price of vanadium-nitrogen alloy from medium and large steel mills continues to be maintained at around 152,000-153,000 CNY/Ton (by acceptance), but the quotations of manufacturers for purchase inquiries by traders are still around 154,000-155,000 CNY/Ton in cash, and low-priced goods are hard to find. The bidding prices of ferrovanadium have not changed much and are still 109,000-110,000 CNY/Ton (by acceptance). Manufacturers in Liaoning have quotations in the range of 112,000-115,000 CNY/Ton in cash, and the supply of low-priced goods in the market is temporarily limited; paying attention to the pricing of 110 tons of ferrovanadium in Laiwu Steel today.
In terms of raw materials: downstream inquiries are active, and the purchase of some machine speculative overstock orders is expected to be around 102,000-103,000 CNY/Ton in cash, but the expected inquiry price of vanadium alloy manufacturers is still around 100,000 CNY/Ton. Most retail V2O5 flake holders are reluctant to sell and do not offer prices for the time being, and a small amount of quotations is 104,000-105,000 CNY/Ton in cash, but the price has not yet been followed up, and the supply and demand sides continue to be deadlocked. The downstream inquiry price of ammonium metavanadate is still 95,000 CNY/Ton in cash, but the source of goods at this price is difficult to find, and the actual transaction remains at 96,000-97,000 CNY/Ton in cash.

www.ferroalloynet.com

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