Retail V2O5 Flake Supply And Demand Remain In A Tight Stalemate
www.ferroalloynet.com: Summary of transaction prices of vanadium products: vanadium-nitrogen alloy is 137,000-139,000 CNY/Ton (by acceptance), ferrovanadium is 100,000-102,000 CNY/Ton (by acceptance); retail V2O5 flake is 90,000-90,500 CNY/Ton in cash, and ammonium metavanadate is 87,000-88,000 CNY/Ton in cash.
In terms of alloys: the transaction of vanadium-nitrogen alloys remains weak and stable, and manufacturers are under great pressure on production costs. They are unwilling to sell goods below 135,000 CNY/Ton in cash, and most of the quotations are still 136,000-138,000 CNY/Ton in cash; we will continue to pay attention to the final pricing of 160 tons of vanadium nitrogen alloy from Shaogang and 150 tons from Nanjing Iron & Steel. The bidding price of ferrovanadium fell below 100,000 CNY/Ton (by acceptance), but the bidding volume was relatively small; most ferrovanadium manufacturers in Liaoning quoted prices no less than 100,000 CNY/Ton in cash, and it was difficult to find retail goods at low prices.
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