Retail V2O5 Flake Prices Fell Slightly, While Vanadium Alloy Bidding Prices Were Stable But Weak
www.ferroalloynet.com: Summary of transaction prices of vanadium products: vanadium-nitrogen alloy is 136,000-139,000 CNY/Ton (by acceptance), ferrovanadium is 100,000-101,000 CNY/Ton (by acceptance); retail V2O5 flake is 88,000-89,000 CNY/Ton in cash, and ammonium metavanadate is 86,000-87,000 CNY/Ton in cash.
In terms of alloys: Yesterday, a small amount of bidding prices for vanadium-nitrogen alloy were 135,000 CNY/Ton in cash. Zenith Steel Group’s 95 tons of vanadium-nitrogen price has not yet been finalized, and the overall price reduction efforts of steel mills have not diminished. However, the production cost of vanadium-nitrogen alloy is under great pressure, and the manufacturer’s quotation still remains at around 135,000-137,000 CNY/Ton in cash, and the supply of low-priced goods is limited. The overall transaction pace of ferrovanadium is still slow, and the transaction price is still 100,000-101,000 CNY/Ton.
For more information, please visit: https://www.ferroalloynet.com/analysis/retail_v2o5_flake_prices_fell_slightly_while_vanadium_alloy_bidding_prices_were_stable_but_weak.html
