Vanadium-Nitrogen Alloy Profit Statistics From 14 To 18 August 2023
www.ferroalloynet.com: This week, the transaction of vanadium nitrogen alloy fell by 3,500 CNY/Ton under pressure, and the mainstream transaction fell from 162,000-164,000 CNY/Ton to 159,000-160,000 CNY/Ton (by acceptance). In the middle of the month, there were still few tenders for vanadium-nitrogen alloy. In addition, the price of V2O5 flake was lowered, and a small number of steel mills continued to reduce the price of purchases, and the transactions were weak. Vanadium-nitrogen alloy manufacturers tentatively gave offer prices at 158,000-160,000 CNY/Ton in cash, but traders mainly hold a wait-and-see attitude and purchase less orders, making it difficult to get transactions at high prices.
| Date | VN Price | Change | VN Cost | VN Profit | Unit |
| 14-Aug | 159,000 | ↓2,000 | 160,200 | -1,200 | CNY/Ton (cash with tax) |
| 15-Aug | 159,000 | — | 159,500 | -500 | CNY/Ton (cash with tax) |
| 16-Aug | 157,500 | ↓1,500 | 158,400 | -900 | CNY/Ton (cash with tax) |
| 17-Aug | 157,500 | — | 158,400 | -900 | CNY/Ton (cash with tax) |
| 18-Aug | 157,500 | — | 157,000 | 500 | CNY/Ton (cash with tax) |
Alloy transactions continued to weaken, and it was difficult to trade V2O5 flake at high prices. Since the beginning of the week, some holders have successively offered to sell at lower prices, and retail V2O5 flake continued to fall to around 103,000-104,000 CNY/Ton in cash. However, the decline of vanadium-nitrogen alloy is higher than that of V2O5 flake, and the production of vanadium-nitrogen alloy is still upside down in many places this week. (The data in this article are only theoretical values. For the actual situation, please focus on real transactions. The reference price of V2O5 flake is mainly in the retail market, and the V2O5 flake price of major manufacturers is not included in the calculation).
