Vanadium Alloys Continue To Be Under Pressure, And Vanadium Raw Materials Are Adjusted In A Narrow Range And Run Weakly
www.ferroalloynet.com: Summary of transaction prices of vanadium products: vanadium-nitrogen alloy is 135,000-137,000 CNY/Ton (by acceptance), ferrovanadium is 100,000-101,000 CNY/Ton (by acceptance); retail V2O5 flake is 88,000-89,000 CNY/Ton in cash, and ammonium metavanadate is 86,000-87,000 CNY/Ton in cash.
In terms of alloys: Vanadium-nitrogen alloy bidding prices continue to be under pressure, and market transactions have dropped by 2,000 CNY/Ton compared with the previous day; traders’ inquiry expectations have been lower than 135,000 CNY/Ton in cash. However, at present, low-priced supply of V2O5 flake has been limited. Most manufacturers are under great pressure, and the market has limited low-priced supply. The small amount of retail transactions of ferrovanadium fell to 98,000-99,000 CNY/Ton in cash. In the middle of the month, the market transactions were small and prices were low. Most manufacturers suspended quotations.
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