Vanadium Raw Materials Are Deadlocked In A Narrow Range, And The Market Has A Strong Wait-and-see Sentiment
www.ferroalloynet.com: Summary of transaction prices of vanadium products: vanadium-nitrogen alloy is 136,000-137,000 CNY/Ton (by acceptance), ferrovanadium is 100,000-101,000 CNY/Ton (by acceptance); retail V2O5 flake is 90,000 CNY/Ton in cash, and ammonium metavanadate is 87,000-88,000 CNY/Ton in cash.
Transactions in the vanadium market have remained stable for the time being, and the market has a strong wait-and-see sentiment. Some vanadium-nitrogen alloy manufacturers maintained their quotations at 138,000-139,000 CNY/Ton in cash, but steel mill’s bidding decreased in the middle of the month, making it difficult to make transactions at high prices. Most of the offers for ferrovanadium are 100,000-101,000 CNY/Ton in cash, but bidding prices are weak and traders are unwilling to accept high prices.
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