www.ferroalloynet.com:This week vanadium market as a whole is deadlocked, and the fluctuation of the product price is not large. Raw material retail V2O5 flake transaction price is in cash 111,000-112,000 CNY/Ton, and the manufacturer offer is in cash 112,000-113,000 CNY/Ton, and both sides remain cautious and wait and see, so there is not many transactions.
VN alloy manufacturers mainstream offer is in cash 167,000-170,000 CNY/Ton, and the low supply of goods reduce in the market, it’s hard to purchase at the price of 166,000 CNY/Ton including tax and in cash. Manufacturers are reluctant to sell out, and the offer enhance, and transaction is less at low price.
The mainstream transaction price of the ferrovanadium is 116,000-117,000 CNY/Ton, and the quotation is more than 120,000 CNY/Ton, and the traders quote 117,000-118,000 CNY/Ton. The overall transaction is not much.
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