www.ferroalloynet.com: This week, vanadium-nitrogen alloy transactions rose from 182,000-186,000 CNY/Ton to 186,000- 188,000 CNY/Ton (by acceptance with tax), an increase of about 3,000 CNY/Ton from last week. Recently, steel bidding have been concentrated. With the support of rising costs, the quotations of vanadium-nitrogen alloy have been firm. On Thursday and Friday, the bidding price has risen to around 190,000-192,000 CNY/Ton in cash.
| Date | VN Price | Change | VN Cost | VN Profit | Unit |
| 6-Dec | 182,000 | — | 181,100 | 900 | CNY/Ton |
| 7-Dec | 182,000 | — | 181,100 | 900 | CNY/Ton |
| 8-Dec | 185,000 | ↑3000 | 184,000 | 1000 | CNY/Ton |
| 9-Dec | 185,000 | — | 184,000 | 1000 | CNY/Ton |
| 10-Dec | 185,000 | — | 186,800 | ↓1800 | CNY/Ton |
Although vanadium-nitrogen transactions continue to rise, V2O5 flake are rising faster. The current retail V2O5 flake prices have risen to 126,000-127,000 CNY/Ton in cash; vanadium-nitrogen plants mostly follow the increase in raw materials, and actual market transactions are still near the cost line. Hovering, the pressure on the production cost of vanadium and nitrogen is still there. The above prices are all cash inclusive of tax. Because the labor and transportation costs of various companies are not the same, the profit calculation is for reference only. (The data in this article are only theoretical values. For the actual situation, please focus on real transactions. The reference price of V2O5 flake is mainly in the retail market, and the V2O5 flake price of major manufacturers is not included in the calculation.)
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