Vanadium-nitrogen Bidding Prices Are Weak, And Retail V2O5 Flake Holders Continue To Sell At A Lower Price

www.ferroalloynet.com: Summary of transaction prices of vanadium products: vanadium nitrogen alloy is 149,000-152,000 CNY/Ton (by acceptance), ferrovanadium is 113,000-115,000 CNY/Ton (by acceptance); retail V2O5 flake is 99,000-100,000 CNY/Ton in cash, and ammonium metavanadate is 95,000-97,000 CNY/Ton in cash.

In terms of alloys: vanadium-nitrogen alloy bidding prices are weak again. The price of Minyuan Iron and Steel fell to 147,000 CNY/Ton in cash (20 tons) yesterday, and the production pressure of vanadium nitrogen alloy doubled. Although the price of V2O5 flake also continued to decline, vanadium nitrogen fell faster, and the production of vanadium nitrogen continued to show an upside-down state; most manufacturers quoted no less than 150,000 CNY/Ton in cash for the time being, but the actual transaction was difficult, and traders mainly waited and watched. The price of ferrovanadium continues to run weakly and steadily, but the actual transaction is small, and the quotations of manufacturers are still 112,000-113,000 CNY/Ton in cash.