www.ferroalloynet.com: At the beginning of the week, there was no significant fluctuation in the domestic vanadium market. Compared with last Friday, the prices of upstream and downstream products of vanadium were almost the same, but the market atmosphere was still weak. Up to now, the price of raw material of V2O5 flake market remained at 94000 yuan / ton by cash. The downstream ferrovanadium and vanadium nitrogen alloy manufacturers were under pressure for transportation. The enthusiasm of alloy end inquiry V2O5 flake decreased after the large V2O5 flake factories released the cargoes, and some large-scale cargoes flowed into bulk cargoes. The market price is also about 94000 yuan / ton, but at present, the intended purchase price of alloy manufacturers is about 93000-93500 yuan / ton. It is expected that there will be a small step back in the future market of raw materials. At present, the price quoted by vanadium nitrogen alloy manufacturers is mostly in the range of 143000-145000 yuan / ton by cash. The current bidding price of steel mills is staggered. The transaction price of some bulk goods is in the range of 142000 yuan / ton by cash, which belongs to the current low price in the market. The subsequent delivery pressure in the alloy market still exists, and it is expected to be under pressure as a whole.
In terms of steel sales, steel consumption has been increasing slowly in recent days. However, due to the long-term decline in the price of screw steel, the screw steel mill is still far away from the considerable profit space. The negative impact of the terminal on the alloy market will not be eliminated in a short period of time, and it is difficult to be optimistic about the vanadium market in the month.
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