Retail V2O5 Flake Prices Continue To Decline, Paying Attention To Today’s Pricing By Major Manufacturers
www,ferroalloynet.com: Summary of transaction prices of vanadium products: vanadium-nitrogen alloy is 129,000-130,000 CNY/Ton (by acceptance), ferrovanadium is 98,000-99,000 CNY/Ton (by acceptance); retail V2O5 flake is 83,000-84,000 CNY/Ton in cash, and ammonium metavanadate is 82,000-83,000 CNY/Ton in cash.
In terms of alloys: Vanadium-nitrogen alloy transactions were weak, and the bidding price was around 127,000 CNY/Ton in cash. Due to the psychological influence of buying up and not buying down, the retail market has few transactions and traders are active in selling, the retail market has a small quotation of 126,000-127,000 CNY/Ton in cash. The pressure on manufacturers’ production costs is still there, but it is difficult to get transactions at high prices, most manufacturers have suspended quotations, but the supply of low-priced goods is limited. ferrovanadium bidding was sparse, and market transactions were weak and stabilized at 98,000-99,900 CNY/Ton (by acceptance).
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