The Supply And Demand Trading In The Vanadium Market Is Cautious

www.ferroalloynet.com: Summary of transaction prices of vanadium products: vanadium nitrogen alloy is 153,000-156,000 CNY/Ton (by acceptance), ferrovanadium is 109,000-114,000 CNY/Ton (by acceptance); retail V2O5 flake is 102,000-103,000 CNY/Ton in cash, and ammonium metavanadate is 96,000-97,000 CNY/Ton in cash.

In terms of alloys: the stalemate in the transaction of vanadium-nitrogen alloys has stabilized, and the bidding pricing range is still large, with 152,000-157,000 CNY/Ton (by acceptance); It is difficult for traders to find goods at low prices, and the transaction in the retail market is also around 151,000-153,000 CNY/Ton in cash. The demand for ferrovanadium is still relatively weak, but supported by production costs, the quotation of ferrovanadium is about 112,000-115,000 CNY/Ton in cash, and the supply of low-priced goods in the market is reduced.
In terms of raw materials: both the supply and demand sides are waiting for the new round of pricing by large V2O5 flake manufacturers, while there are few quotations for retail V2O5 flake, and downstream alloy factories are also cautious about purchasing high-priced goods. It is not easy to trade ammonium metavanadate at high prices, and the mainstream price has slightly loosened to 96,000-97,000 CNY/Ton in cash; some ammonium metavanadate manufacturers are still waiting for the transaction guidance of V2O5 flake, and are unwilling to ship at low prices. Continue to pay attention to the V2O5 flake final pricing from large factories this afternoon.

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