www.ferroalloynet.com: At the beginning of the week, the overall vanadium market deadlocked weakly, the transactions of upstream and downstream market are not much and more cautious. Most keep waiting and seeing with a small amount of shipments, waiting for the end of the month.
The transaction price of raw material market retail V2O5 flake is 105,500-106,000 CNY/Ton in cash, and the turnover increased at low prices, but the offer is still less. The mainstream offer of metallurgical partial ammonium metavanadate 98% is 100,000-101,000 CNY/Ton in cash and the market mainstream transaction has slightly decreased to 99,000 CNY/Ton in cash or so; the alloy factory has low intention if the price is higher than 100,000 CNY/Ton.
The mainstream transaction price of VN alloy is in cash of 158,000 to 159,000 CNY/Ton, and market enthusiasm for shipment increased. The low price supply slightly increased, and most of the factory is losing money at this price seriously, so now offer is in cash of 162,000 to 165,000 CNY/Ton, but this price is difficult to ship.
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