Vanadium Alloy Weak Market Remains Unchanged, And V2O5 Flake Remains In Stalemate
www.ferroalloynet.com: Summary of transaction prices of vanadium products: vanadium-nitrogen alloy is 131,000-133,000 CNY/Ton (by acceptance), ferrovanadium is 99,000-100,000 CNY/Ton (by acceptance); retail V2O5 flake is 86,000-87,000 CNY/Ton in cash, and ammonium metavanadate is 85,000 CNY/Ton in cash.
In terms of alloys: Vanadium-nitrogen alloy bidding prices continued to decline weakly, with transactions ranging from 131,000 to 133,000 CNY/Ton (by acceptance). Vanadium-nitrogen alloy manufacturers have been under pressure, and the quotations falling to around 131,000-133,000 CNY/Ton in cash. Traders are cautious in purchasing in the face of the downward trend, and some inquiries are expected to drop to less than 130,000 CNY/Ton in cash. The bidding price of ferrovanadium fell to about 99,000 CNY/Ton (by acceptance). it is difficult to trade ferrovanadium at high prices, and the enthusiasm of manufacturers to offer reduced, some of them said that they will negotiate the price for the actual orders.
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