Inquiry For V2O5 Flake Has Increased Slightly, Alloy Factories Are More Cautious To Wait And See The domestic vanadium prices continue to drop by 1,000-3,000 CNY/Ton today. Retail V2O5 flake holders make shipments actively, with quotations in the range of 115,000-116,000 CNY/Ton in cash. There was a slight increase in inquiries for V2O5 flake yesterday, and the market activity has increased, a small amount of transaction is around 115,000 CNY/Ton in cash. Some alloy companies still hold a wait-and-see attitude, the purchase intention is not high, and they still hold a bearish attitude to the market in a short term. On the alloy side, the inquiry price of vanadium-nitrogen alloy from traders is 170,000 CNY/Ton in cash. It is difficult to purchase, the manufacturer is reluctant to sell and will not quote for the time being. The ferrovanadium market is still sluggish, with traders quoting at 124,000-126,000 CNY/Ton in cash, manufacturers’ quotations are slightly high, and the transaction is not good.