Vanadium Market Is Stable, And V2O5 Flake Market Is In A State Of Stalemate
www.ferroalloynet.com: Summary of domestic vanadium product quotations today: ammonium metavanadate is 101,000-102,000 CNY/Ton, retail V2O5 flake is 105,500-106,000 CNY/Ton, ferrovanadium is 114,000-115,000 CNY/Ton, and vanadium-nitrogen alloy is 160,000-162,000 CNY/Ton, all prices are in cash including tax.
Today, the domestic vanadium price remains stable and there is no adjustment for the time being. A new round of bidding for steel mills has started. Judging from the current situation, the bidding of vanadium-nitrogen alloy is stable, and it is more difficult for steel mills to purchase at low prices. The overall quotation of manufacturers is relatively unified. The quotations of ferrovanadium from manufacturers remain unchanged, and the sales at the retail end are tepid, paying attention to the bidding prices this week. On the raw material side, the transaction price of V2O5 flake at the beginning of the week fell from 105,500 CNY/Ton in cash to 105,000 CNY/Ton in the middle of the week, the intended purchase price of downstream alloy factories does not exceed this price, but low-priced V2O5 flake resources are relatively limited, and the quotations of V2O5 flake holders are more likely to be 105,500 CNY/Ton. The ammonium metavanadate market is running smoothly, and the transaction price of ammonium metavanadate98% is 100,000-101,000 CNY/Ton in cash.
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