The Vanadium Market Is Stable, And The Trading Of Chemical V2O5 Powder Is Weak
www.ferroalloynet.com: Today’s domestic vanadium product quotation summary: ammonium metavanadate is 101,000 CNY/Ton, retail V2O5 flake is 105,000-105,500 CNY/Ton, ferrovanadium is 114,000-115,000 CNY/Ton, and vanadium-nitrogen alloy is 159,000-160,000 CNY/Ton, all prices are in cash including tax.
Today, the price of chemical V2O5 powder is lowered by 1,000-1,500 CNY/Ton. At present, the metallurgical market is stable, and retail V2O5 flake transactions were all 105,000 CNY/Ton in cash yesterday, and some alloy factories have increased their purchasing enthusiasm. Costs are supported, policies are favorable, vanadium-nitrogen alloy bidding price seems to be stable, manufacturers are reluctant to sell at low prices and offer firm prices, and it is not easy for steel mills to purchase at low prices. Today, we will continue to pay attention to the development of bidding moves. Looking at the chemical market again, the terminal demand continued to be insufficient, the output of chemical V2O5 powder continued unabated, the supply exceeded demand, and some manufacturers’ quotations were loosened, most of the transactions are biased towards the middle and low levels, while the transactions at high levels are limited, and the overall trading atmosphere is weak.
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