www.ferroalloynet.com: Summary of domestic vanadium product quotations today: ammonium metavanadate is 99,000-100,000 CNY/Ton, retail V2O5 flake is 102,000-103,000 CNY/Ton, ferrovanadium is 113,000-115,000 CNY/Ton, and vanadium-nitrogen alloy is 154,000-155,000 CNY/Ton, all prices are in cash including tax.
Today, the domestic vanadium market continues to be weak and stable. The transaction of raw materials is sluggish, and there is no guidance for alloy bidding prices, and the pessimistic atmosphere is lingering. The quotation of retail V2O5 flake is 102,000 CNY/Ton in cash, and there are few low-price resources. However, inquiries for V2O5 flake have slowed down, and transactions have not been good. Trading in the alloy market is still weak, there are few tenders from steel mills and there is no guidance for transactions, while manufacturers’ quotations are obviously loose, and their willingness to sell at lower prices is stronger, while retail buyers are lowering their purchase prices sharply, making it difficult to make deals, and the stalemate continues unabated.
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