[Ferro-Alloys.com] 

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

In this week, the drop range of vanadium alloy prices slow down compared with last week. As of Friday, the price of 98% flake V2O5 is 93,000-97,000 yuan/ton; the price of ferrovanadium is 98,000-101,000 yuan/ton; the price of VN alloy is 145,000-147,000 yuan/ton. Panzhihua Iron and Steel Co., Ltd. announced that it would not adjust its quotation on Monday, of which the quotation of VN alloy is 155,000 yuan / ton tax acceptance, and the quotation of ferrovanadium is 102,000 yuan / ton. Chuanwei V2O5 is 96,000 yuan / ton tax acceptance and 94,500 yuan / ton cash. This week the steel factory bidding is more active, Jiangsu Zhongtian iron and steel VN alloy tender price is 147,000 yuan / ton tax acceptance, tender quantity is 180 tons; Minyuan iron and steel VN alloy tender price of 144,000 yuan / ton including tax cash, tender quantity is 80 tons; The tender price of VN alloy in Laigang is 149,500 yuan / ton including tax acceptance, the tender quantityis 180 tons, the tender price of ferrovanadium is 99,000 yuan / ton including tax acceptance, and the tender quantity is 30 tons. Recently, the downward trend of vanadium market gradually slowed down, the market activity is low. Under the influence of the firm price of the large raw material factory, the holders of low-price sales sentiment is strong. In short term the market will mainly in a wait-and-see mood.

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• [Editor:wenxin]