www.ferroalloynet.com: Recently, the price of rebar has risen and fluctuated greatly, and raw material resources are relatively scarce, which has given confidence to the vanadium market. The sentiment of keeping price has risen, and market enthusiasm has increased.
The raw material retail market is more wait-and-see, and the quotations are relatively small. The enthusiasm of the alloy factories for inquiries is good, and some holders’ quotations are firm, at 115,000 yuan/ton in cash. At present, V2O5 flake is difficult to purchase at a cash price of 113,500 yuan/ton. Manufacturers indicated that the inquiries were positive and mostly at 114,000 yuan/ton in cash, and a small amount was sold at 114,500 yuan/ton in cash.
The mainstream prices of vanadium-nitrogen alloy manufacturers are 171,000-172,000 yuan/ton in cash, and the actual transaction price is average, mostly around 170,000 yuan/ton in cash. Transactions below this price are gradually decreasing.
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