The Stalemate Atmosphere In The Vanadium Market Remains Undiminished, With Weak And Stable Transactions

www.ferroalloynet.com: Summary of transaction prices of vanadium products: vanadium nitrogen alloy is 162,000-164,000 CNY/Ton (by acceptance), ferrovanadium is 114,000-116,000 CNY/Ton (by acceptance); retail V2O5 flake is 105,500-106,000 CNY/Ton in cash, and ammonium metavanadate is 100,000-101,000 CNY/Ton in cash.

In terms of alloys: vanadium-nitrogen alloy bidding is stable and weakening, and the transaction of high-level goods in the market is difficult, and the quotations of manufacturers are slightly loosened to about 160,000-163,000 CNY/Ton in cash. Traders still mainly hold a wait-and-see attitude, and a small number of inquiries are expected to be priced around 158,000 CNY/Ton in cash, but it is difficult to inquire at this price for the time being. The transaction of ferrovanadium continued to run weakly and steadily, and the quotations of manufacturers remained at 114,000-115,000 CNY/Ton in cash.

In terms of raw materials: retail V2O5 flake quotations were around 106,000 CNY/Ton in cash, and the actual transaction was mostly 105,500 CNY/Ton in cash; The stalemate between the supply and demand of retail V2O5 flake continues to be unabated, and the actual transactions are mainly rigid demand orders. The alloy factory expects to purchase ammonium metavanadate at most no more than 100,000 CNY/Ton in cash, but there are not many low-priced goods in the market, and high-priced transactions are mainly chemical orders.

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