In The Stalemate Game, Ammonium Metavanadate Rose Slightly
www.ferroalloynet.com: Today’s summary of domestic vanadium product quotations: ammonium metavanadate is 100,000-101,000 CNY/Ton, retail V2O5 flake is 104,000-105,000 CNY/Ton, ferrovanadium is 113,000-115,000 CNY/Ton, and vanadium-nitrogen alloy is 155,000-158,000 CNY/Ton, all prices are in cash including tax .
Today, the price of ammonium metavanadate has slightly increased by 1,000 CNY/Ton. After a period of stalemate, it is difficult for downstream buyers to purchase ammonium metavanadate at a low price. Manufacturers have a strong attitude towards price support, and actual transactions have slightly increased. The price of V2O5 flake remains stable, with quotations generally not lower than the current price of 104,000 CNY/Ton. The purchasing sentiment of alloy factories is cautious, on the one hand, the transaction price of the alloy is not high, and on the other hand, it is waiting for the pricing of V2O5 flake by large factories.
In terms of alloys, the overall pricing enthusiasm of vanadium nitrogen alloy manufacturers is not high, and the retail transaction price is low. However, the increase in steel mill’s bidding is slightly weak, so it is better to continue to wait and see, and wait for further market clarity before making plans; The overall quotation of ferrovanadium is relatively stable, and some manufacturers have reported that recent ferrovanadium orders have been good, and the transaction price has been adjusted according to the market. Currently, they are not purchasing V2O5 flake, with high prices and high cost pressure.
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