www.ferroalloynet.com: Summary of transaction prices of vanadium products: vanadium nitrogen alloy is 163,000-165,000 CNY/Ton (by acceptance),ferrovanadium is 117,000-118,000 CNY/Ton (by acceptance); retail V2O5 flake is 107,000-108,000 CNY/Ton in cash, and ammonium metavanadate is 102,000-103,000 CNY/Ton in cash.
In terms of alloys, the bidding volume for medium and large steel mills is relatively small, and the overall procurement pace is slow; In addition, the continuous low level fluctuation of deformed steel bars has led to strong price reduction on alloy procurement by steel mills, and the upward trend of vanadium nitrogen alloys has been sluggish, resulting in a slight correction in overall transaction volume. Traders have increased their enthusiasm for shipping, with quotations around 160,000 CNY/Ton in cash; The cost pressure on manufacturers is still ongoing, and the willingness to ship at low prices is not strong, but the higher prices are reduced. The trading volume of ferrovanadium is low, with traders mainly shipping, with quotations of around 116,000-118000 CNY/Ton in cash. Large factories have a small amount of goods with a transaction volume of 117,000 CNY/Ton in cash, while ordinary goods have a small transaction volume.
In terms of raw materials: alloy transactions have surged and fallen back, while downstream buyers of V2O5 flake are once again on the sidelines; A small number of holders quote at around 109,000 CNY/Ton in cash, making it difficult to get the transaction, and market inquiries are deserted. There has been no change in the transaction of ammonium metavanadate, with a small number of holders offering at around 104,000-105,000 CNY/Ton in cash. However, many downstream buyers are unwilling to accept the high price, and the actual transaction is not more than 103,000 CNY/Ton in cash.
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