The Decline In Retail V2O5 Flake Expanded, And The Weakness Of Vanadium Alloys Remains Unchanged
www.ferroalloynet.com: Summary of transaction prices of vanadium products: vanadium-nitrogen alloy is 138,000-140,000 CNY/Ton (by acceptance), ferrovanadium is 102,000-103,000 CNY/Ton (by acceptance); retail V2O5 flake is 90,000 CNY/Ton in cash, and ammonium metavanadate is 87,000-89,000 CNY/Ton in cash.
In terms of alloys: the transaction price of vanadium-nitrogen alloys continued to drop by 1,000 CNY/Ton, and steel mills continued to lower prices for purchases. Traders mainly held a wait-and-see attitude except for delivery of orders; vanadium-nitrogen alloy manufacturer quotations were gradually lowered, but the cost pressure was still there, and low-priced supply is limited. Ferrovanadium manufacturers mostly quoted at 102,000-103,000 CNY/Ton in cash, but most downstream inquiries were expected to less than 100,000 CNY/Ton in cash, and the actual market transactions were few.
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