www.ferroalloynet.com: After the large V2O5 flake manufacturer’s price of 107,500 CNY/Ton (by acceptance)was finalized, the willingness of shipments for retail V2O5 flake increased, and the holders gave quotations actively. At the beginning of the week, the mainstream quotations of retail V2O5 flake were still 110,000-112,000 CNY/Ton (by acceptance), actual transactions were mostly 108,000-109,000 CNY/Ton in cash, and the transaction price of 110,000 CNY/Ton in cash was too small; some traders reported that the price of 108,000 CNY/Ton in cash can still be found in the market today.
Because the recent steel recruitment is not much, and the bidding price of vanadium-nitrogen alloy is still around 164,000 CNY/Ton in cash, the overall production pressure of vanadium-nitrogen alloy manufacturers still exists, and they are cautious about the purchase of V2O5 flake.
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