Summary of transaction prices of vanadium products: vanadium nitrogen alloy is 158,000-160,000 CNY/Ton (by acceptance), ferrovanadium is 115,000-117,000 CNY/Ton (by acceptance); retail V2O5 flake is 103,000-104,000 CNY/Ton in cash, and ammonium metavanadate is 100,000-101,000 CNY/Ton in cash.
In terms of alloys: The bidding price for vanadium nitrogen alloy has slightly loosened, and it is difficult for manufacturers to offer at around 157,000-158,000 CNY/Ton in cash for transaction; A small number of traders offer a purchase inquiry of 153,000 CNY/Ton in cash, but it is currently difficult to inquire about the goods at a low price. The transaction of ferrovanadium continues to slow down, and the quotation of manufacturers has been slightly reduced to 113,000-116,000 CNY/Ton in cash.
In terms of raw materials, alloy transactions have shown a negative trend, retail V2O5 flake was quoted at around 105,000 CNY/Ton in cash and no one paid any attention, and the actual transaction fell to 103,000-104,000 CNY/Ton in cash. It is not easy to trade above 103,000 CNY/Ton, but there are not many sources at this price. The downstream inquiry of ammonium metavanadate is expected to be within 100,000 CNY/Ton in cash, but manufacturers are still reluctant to sell at low prices, and the quotations are mostly firm, and a small amount of just-needed transactions are still around 100,000 CNY/Ton in cash.
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