www.ferroalloynet.com:At present, the price of vanadium is relatively stable, and alloy factory offer is relatively firm, but the market transaction is less, and the price support is not enough.
The mainstream price of VN alloy in the market is 172,000 to 175,000 yuan/ton, and the low price supply in the market is reduced, which is lower than 170,000 yuan/ton, making it difficult to purchase. Part of the transaction price is in cash 170-171,000 yuan/ton, although the market bullish mood is high, but because the price of raw materials is not stable, so the traders are more cautious, and manufacturers be reluctant to sell out.
There are less inquiries in ferrovanadium market, and some manufacturers said that it is difficult to ship at the appropriate price, and it is easy to lose money at low-price shipment, The current mainstream offer more than 120,000 yuan/ton in cash, and the market transaction is less, but follow up step by step. They wait for big factory vanadium price, and steel bidding situation.
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