Major Manufacturers Lower V2O5 Flake Prices, Paying Attention To Contract Signing Progress

www, Summary of transaction prices of vanadium products: vanadium-nitrogen alloy is 128,000-129,000 CNY/Ton (by acceptance), ferrovanadium is 97,000-98,000 CNY/Ton (by acceptance); retail V2O5 flake is 80,000-82,000 CNY/Ton in cash, and ammonium metavanadate is 80,000-81,000 CNY/Ton in cash.

In terms of alloys: Vanadium-nitrogen alloy bidding prices are 126,000-127,000 CNY/Ton in cash or 127,500 CNY/Ton (by acceptance), and the overall price continues to weaken. Traders quoted at 126,000-127,000 CNY/Ton in cash but it was difficult to make a deal, and the overall enthusiasm of manufacturers for quoting was still low. Due to the weakening of ferrovanadium bidding prices and the decline in V2O5 flake prices, the quotations of ferrovanadium from manufacturers have eased to 93,000-95,000 CNY/Ton in cash. Traders also mainly sell goods, and the overall quotations are on the low side. However, there are few new orders and it is difficult to get transactions at low prices.

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