The Price Of Ferrovanadium Was Adjusted Slightly And The Transaction Followed Up
www.ferroalloynet.com:The market demand for ferrovanadium is general, with a low rate of tightening, and terminal inquiries and purchases are not enthusiastic, but manufacturers are firm in quoting, and due to the difficulty of purchasing vanadium, market bullish sentiment still exists, low-priced supply is reduced, and prices are adjusted to a certain extent. Among them, the ferrovanadium50 in Liaoning area is quoted in cash of 144,000-148,000 CNY/Ton, there are not many real orders, and the basic transaction is about 143,000-145,000 CNY/Ton in cash.
The vanadium-nitrogen alloy has few transactions in retail market. The bidding price of vanadium-nitrogen is about 200,000 CNY/Ton (by acceptance) in the past two days, while vanadium-nitrogen is affected by V2O5 flake prices, so high-price purchases are more cautious and low-price purchases are difficult. At present, a small number of manufacturers choose to keep insulation temporarily in order to wait for market changes.
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