www.ferroalloynet.com: In the middle of the month, the bidding of vanadium-nitrogen alloy was less, and the overall transaction pace was slow. The price this week fell from 165,000-168,000 CNY/Ton (by acceptance) to 164,000-165,000 CNY/Ton, which was about 2,000 CNY/Ton lower than last week. Due to the pressure of production cost, most of the quotations of manufacturers are still 162,000-163,000 CNY/Ton in cash, and the willingness to make concession is low.
| Date | VN Price | Change | VN Cost | VN Profit | Unit |
| 10-Jul | 163,500 | ↓1,000 | 161,900 | 1,600 | CNY/Ton (cash with tax) |
| 11-Jul | 162,500 | ↓1,000 | 161,700 | 800 | CNY/Ton (cash with tax) |
| 12-Jul | 162,500 | — | 160,900 | 1,600 | CNY/Ton (cash with tax) |
| 13-Jul | 162,500 | — | 160,900 | 1,600 | CNY/Ton (cash with tax) |
| 14-Jul | 162,500 | — | 160,900 | 1,600 | CNY/Ton (cash with tax) |
At the beginning of the week, retail V2O5 flake loosened slightly, but after the large V2O5 flake factory set a price of 108,000 CNY/Ton (by acceptance) (cash price of 106,500 CNY/Ton), retail holders were reluctant to sell again, and the transaction was basically the same as that of large V2O5 flake factories at 106,000-106,500 CNY/Ton in cash. The profit margin of vanadium nitrogen alloy production this week has narrowed compared with last week. (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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