www.ferroalloynet.com:The bullish sentiment is higher in Vanadium market, and transaction volume is gradually follow up. Ferrovanadium manufacturers said that due to the lack of terminal demand, the recent market demand is relatively less, so there are less inquiries. The price of vanadium raw material is not stable, so the activity of manufacturers offer is less. Some offers are above 120,000 CNY/Ton in cash, but the actual transaction price is low, at 117,000 to 118,000 CNY/Ton in cash.
The amount of retail factory of V2O5 flake is less, and cherishing goods sentiment is higher. Alloy factory inquiry enthusiasm increased, and vanadium resources are slightly not much, and the mainstream transaction price is in cash 112,500-113,000 CNY/Ton. It’s difficult to find low price supply, and the manufacturer’s offer is less, and some shippers offer in cash 114,000-115,000 CNY/Ton, and alloy factories’ acceptance is not high on the high price of raw materials, and transaction is not much.
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