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Vanadium and nitrogen prices fell, vanadium and tungsten markets slowed down

 

Vanadium Alloy market newsletter: This week, the domestic vanadium alloy market is still in a slow downward trend, steel plant procurement continues to reduce prices, manufacturers continue to adjust prices, resulting in a low market volume, it is expected that the supply of products between steel plants and manufacturers is not expected to improve the trend. So far, the price of 98% flake V2O5 is 88,000-91,000 yuan/ton; the price of ferrovanadium is 99,000-102,000 yuan/ton; the price of VN alloy is 130,000-132,000 yuan/ton, down 12,000 compared to last week. In this week, the steel procurement is still flat, vanadium nitrogen alloy procurement slightly warmer than last week, some steel mills this week as follow: Bengang VN purchase price 140000 yuan / ton acceptance, purchase quantity 30 tons; Xianggang VN purchase price 143500 yuan / ton acceptance, purchase quantity 20 tons; Nangang VN purchase price 134500 yuan / ton acceptance, purchase quantity 60 tons;Yonggang VN purchase price 134800 yuan / ton acceptance, purchase quantity 80 tons; Vanadium iron purchase price slightly lower than last week, steel plant prices are different, Xinxingzhhuguan vanadium iron purchase price 98000 yuan / ton acceptance, purchase quantity 5 tons; Nangang vanadium iron purchase price 91000 yuan / ton acceptance, purchase quantity 60 tons; Yonggang vanadium iron purchase price 9.9 yuan / ton acceptance. 

 

Molybdenum market newsletter：The Molybdenum market is running smoothly this week, with no sharp fluctuations, and international molybdenum oxide prices are rebounding this weekend. This week some domestic steel factory bidding price changes little, the market supply is sufficient. Due to the release of purchasing demand in some steel mills in the early stage, the downward space of molybdenum market is limited, but there is still no upward trend in the short term. So far, the domestic price of molybdenum concentrate 40%-45% is about 1,400-1,420 yuan/ton, the same as last week; the mainstream price of molybdenum oxide is 1,500-1,520 yuan/ton; the price of ferromolybdenum 60# is 95,000-96,000 yuan/ ton. In this week, some steel mills as follow: Tianjingangguan ferromolybdenum purchase price 93600 yuan / ton acceptance, purchase quantity 120 tons; Shaogang ferromolybdenum purchase price 96000 yuan / ton acceptance, purchase quantity 60 tons; Henggang ferromolybdenum purchase price 94500 yuan / ton acceptance, purchase quantity 90 tons; Yonggang ferromolybdenum purchase price 95500 yuan / ton acceptance, purchase quantity 150 tons; 

 

Tungsten alloy market newsletter：This week the tungsten alloy market is stable, prices of tungsten concentrate, iron tungsten and APT were same as lat week. So far, the price of Tungsten concentrate 65% is 83,000-85,000 yuan/ton; the price of ferrotungsten is 137,000-138,000 yuan/ton; the price of APT is 127,000-128,000 yuan/ton. The following are quotations for large enterprises: Zhangyuan tungsten industry: Zhangyuan tungsten industry in the second half of October 2020 quoted as follows: wolframite concentrate (wo3≥55%):82000 yuan / ton, Down 1000 yuan per ton from the first half of October, scheelite concentrate (wo3≥55%):80500 yuan/ton; Down 1000 yuan per ton from the first half of October, Ammonium secondary tungstate (GB zero):126000 yuan / ton, Lower than the first half of October 1500 yuan / ton. Ganzhou tungsten association: Ganzhou tungsten association in October 2020 domestic tungsten city forecast average price :55% wolfram concentrate 83000 yuan / ton, Lower the September price by 3500 yuan / ton; Ammonium secondary tungstate 127500 yuan per ton, Lower the price of 3500 yuan / ton from September; Medium particle tungsten powder 202 yuan / kg, The price was reduced by 3 yuan / kg from September. Xianglu tungsten industry: in the first half of October, the price of tax acceptance is 85000 yuan / ton of wolframite concentrate, and the price of 55% scheelite concentrate is reduced by 84000 yuan / ton from the first half of September, and 400 yuan / ton from the first half of September.