www.ferroalloynet.com:The market price of vanadium is stable and weak, and price of retail V2O5 flake is 105,500-106,000 CNY/Ton in cash, and manufacturers said that the enthusiasm of inquiry increased recently. Alloy factories are willing to purchase at 105,500 CNY/Ton in cash, but the market supply of low price is short, so it’s difficult to purchase, and alloy factory don’t want to purchase at higher price.
The price of VN alloy is maintained at about 158,000 CNY/Ton in cash tendered by steel mills recently, and the market quotation price is high or low. At present, the enthusiasm of market shipment is general, and most of the quotations don’t change, but a small part of manufacturers and traders continue to reduce the price of about 157,000 CNY/Ton in cash for shipment. The relationship of market supply and demand is not balanced, the demand is less, and the transaction is not ideal.
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