www.ferroalloynet.com: Yesterday, the transaction price of V2O5 flake retailers dropped slightly from last week to 77500-78000 yuan / ton by cash with tax, but only few deals. Some suppliers said that they were not willing to lower the price and did not sell in recent month, so they kept a wait-and-see attitude. The mentality of downstream VN alloy manufacturers is different. Yesterday, some manufacturers increased their inquiries, but it was difficult to inquire about low-priced V2O5 flake. There were not many manufacturers or traders willing to offer prices. So the prices were stuck around 78000 yuan / ton by cash with tax, and the alloy factories purchase based on their orders.
At present, the transaction price of VN alloy is mostly at 118000-120000 yuan / ton by cash with tax. Some manufacturers say that the current price of V2O5 flake is slightly higher, and there is no purchase plan. If the raw material price is adjusted with the alloy, then they will inquire for purchasing. As domestic supply exceeds demand, it is difficult to change in the short term, and the confidence in the future market is insufficient. Therefore, we should operate cautiously to prevent the increase of cost inversion.
www.ferroalloynet.com
