Vanadium Raw Materials Continue To Rise Slightly, And The Quotations Of Alloy Factories Are Firm

In terms of alloys: the transaction of vanadium nitrogen alloys has not changed much at the beginning of the week. In the case of stable and slight increase of bidding, manufacturers are in a strong mood of price, and some quotations are slightly raised to around 164,000-165,000 CNY/Ton in cash. Because traders are not willing to take orders at high prices, it is difficult for retail goods to make transactions at high prices. There are also a small number of manufacturers who temporarily maintain their quotations at around 163,000 CNY/Ton in cash, but the supply of low-priced goods is scarce. The quotations of ferrovanadium are 115,000-117,000 CNY/Ton in cash, and the quotations from mainstream major manufacturers have been raised at the beginning of the week, and the quotations of retail holders and major manufacturers have also slightly increased to about 118,000-120,000 CNY/Ton in cash. Ferrovanadium bidding continues to be released, and most manufacturers are unwilling to ship at low prices.

In terms of raw materials: the transaction of alloys has become stronger, and the quotations of some retail V2O5 flake have been raised to 107,000-108,000 CNY/Ton in cash; however, major V2O5 flake manufacturers have successively signed orders at 106,500 CNY/Ton in cash, and the long-term association is reluctant to accept high-priced supply from retail holder. It is difficult to find ammonium metavanadate below 101,000 CNY/Ton in cash, and a small amount of inquiry intentions has increased to about 102,000 CNY/Ton in cash; Manufacturers have an obvious attitude towards rising prices, and they are more cautious in shipments.