www.ferroalloynet.com: Summary of transaction prices of vanadium products: vanadium nitrogen alloy is 159,000-161,000 CNY/Ton (by acceptance), ferrovanadium is 117,000-118,000 CNY/Ton (by acceptance); retail V2O5 flake is 104,000-105,000 CNY/Ton in cash, and ammonium metavanadate is 101,000-102,000 CNY/Ton in cash.
In terms of alloys: Vanadium nitrogen alloy manufacturers have quoted at around 157,000-160,000 CNY/Ton in cash, but downstream procurement is expected to not exceed 155,000 CNY/Ton in cash. Ferrovanadium manufacturers in the Liaoning region give offer prices at around 116,000-117,000 CNY/Ton in cash, while traders often offer at around 115,000 CNY/Ton; However, there are few new orders in the retail market, and the pace of steel mill’s bidding is also slow. The phenomenon of ferrovanadium having a price but no market remains unchanged.
In terms of raw materials, it has become difficult for retail V2O5 flake to be traded at 105,000-106,000 CNY/Ton in cash. Downstream target inquiries is currently around 102,000-103,000 CNY/Ton in cash, but some holders are still hesitant to sell, and it is currently difficult to find low-priced sources of goods. A small amount of ammonium metavanadate is quoted by the holder at around 101,000-103,000 CNY/Ton in cash, and many manufacturers have suspended the actual quotation for further discussion; However, as transactions in the alloy market continue to weaken, some downstream procurement expectations have decreased to within 100,000 CNY/Ton, making it difficult to achieve high level transactions.
www.ferroalloynet.com
