FeV and VN alloy prices continue sharp increase
Date: Jun 26, 2018
www.ferroalloynet.com: With supply shortage of V2O5, most ferrovanadium and vandium-nitrogen factories nearly have no inventories and others who have some tonnages increase their offering prices.
Today, ferrovanadium transaction prices sit mainly in a range of 225000-237000 rmb/ton and vanadium-nitrogen deal prices sit in a range of 350000-360000 rmb/ton. Some suppliers are reported to quote ferrovandium 50# at 250000 rmb/ton and vanadium-nitrogen at 400000 rmb/ton. The latest vanadium-nitrogen bidding price is as high as 379800 rmb/ton by acceptance.The market is full of bullish sentiment.
