Weekly report of vanadium alloy market(12.07-12.11)

  • Friday, December 11, 2020
  • Source:ferro-alloys.com

  • Keywords:V2O5,ferrovanadium,VN alloy,vanadium
[Fellow]Vanadium makes progress

[Ferro-Alloys.com

Vanadium Alloy market newsletter:            unit:10,000 yuan/ton

Specification 

Mon

Tue

Wed

Thu

Fri

Up and Down

98% 

flake V2O5

8.2-8.4

8.2-8.4

8.2-8.4

8.2-8.4

8.2-8.4

-

ferrovanadium 50#

9.0-9.2

9.0-9.2

9.0-9.2

9.0-9.2

9.0-9.2

-

V80N16

12.7-12.9

12.7-12.9

12.9-13.1

12.9-13.1

13.0-13.1

In this week, the domestic vanadium alloy price trend is still strong, the prices of V2O5 and ferrovanadium change little, VN alloy prices continue to rise from last week. As of Friday, the price of 98% flake V2O5 is 82,000-84,000 yuan/ton; the price of ferrovanadium is 90,000-92,000 yuan/ton; the price of VN alloy is 130,000-131,000 yuan/ton. It is understood that the domestic VN alloy manufacturers quote between 132,000-135,000 yuan / ton, but the actual transaction price between 131,000-133,000 yuan / ton. Recently, the procurement bidding for steel mills has been issued, including Nanjing Iron and Steel vanadium nitrogen alloy bidding price is 132,800 yuan / ton (including tax acceptance), purchase volume is 90 tons, ferrovanadium 50#bidding price is 88,200 yuan / ton (including tax acceptance), purchase volume is 60 tons, both including bidding fees. The mainstream quotation of V2O5 is between 82,000-83,000 yuan / ton, of which Chuanwei vanadium titanium, Desheng vanadium titanium V2O5 price is 83,000-84,000 yuan / ton acceptance.The overall market is relatively stable, spot resources are sufficient, but the phenomenon of manufacturers holding prices still exists. Towards the end of the year, manufacturers are expected to bring a new wave of opportunities to the market.

For more ferroalloys market information, please click http://www.ferro-alloys.cn/ .

  • [Editor:wenxin]

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