The Transaction Of Vanadium Products Continues To Weaken Summary of transaction prices of vanadium products: vanadium nitrogen alloy is 156,000-159,000 CNY/Ton (by acceptance), ferrovanadium is 114,000-116,000 CNY/Ton (by acceptance); retail V2O5 flake is 102,000-103,000 CNY/Ton in cash, and ammonium metavanadate is 99,000-100,000 CNY/Ton in cash.

In terms of alloys, vanadium alloy bidding price has continued to weaken under pressure, and the price has been around 156,000-159,000 CNY/Ton (by acceptance), but it is still difficult to find cash sources for traders’ inquiries of 152,000-153,000 CNY/Ton; The majority of manufacturers and holders give offer prices at 155,000-157,000 CNY/Ton in cash. Ferrovanadium bidding has dropped to around 112,000 CNY/Ton in cash, with a market quotation of around 113,000-115,000 CNY/Ton; The psychological impact of buying up and not buying down, the downstream mainly waits and sees, and the inquiry in the ferrovanadium market is light and the transaction is low. Paying attention to the pricing of ferrovanadium at Shaogang and Egang tomorrow.
In terms of raw materials, alloy transactions are weak and difficult to improve. Downstream expectations for purchasing V2O5 flake continue to decrease, and retail V2O5 flake continues to decline to around 102,000-103,000 CNY/Ton in cash; Low price sources are not abundant, but it is also difficult to trade at high prices. It is difficult to trade ammonium metavanadate above 100,000 CNY/Ton in cash, and the mainstream price has dropped to around 99,000-100,000 CNY/Ton in cash.