www.ferroalloynet.com: Today’s quotation summary of domestic vanadium products: ammonium metavanadate is 102,000-103,000 CNY/Ton, retail V2O5 flake is 106,500-107,000 CNY/Ton, ferrovanadium is 116,000-117,000 CNY/Ton, and vanadium-nitrogen alloy is 160,000-162,000 CNY/Ton, are prices are in cash including tax.
Today, the price of vanadium nitrogen alloy is lowered by 1,000 CNY/Ton again. The centralized bidding of steel mills in August is coming to an end, and the atmosphere in the vanadium market has turned from strong to weak. The transaction price of vanadium-nitrogen alloys fell from 164,000-166,000 CNY/Ton (by acceptance) last week to 162,000-164,000 CNY/Ton, the bidding price of medium and large steel mills tends to be low. Today, the quotation of the alloy factory has been significantly loosened, the price of vanadium nitrogen alloy is 160,000 CNY/Ton in cash, and ferrovanadium is 116,000 CNY/Ton in cash, and the intention to sell at a price increase. Alloys fell, and there was no obvious adjustment in the raw material market. Manufacturers of V2O5 flake were reluctant to sell at low prices and maintain a stable cash price of 106,500 CNY/Ton. However, the downstream production pressure increased greatly, the purchase intention decreased, the inquiry decreased, and the transaction of V2O5 flake was deadlocked.
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