Weekly report of vanadium alloy market(12.14-12.18)

  • Friday, December 18, 2020
  • Source:ferro-alloys.com

  • Keywords:vanadium,V2O5,ferrovanadium, VN alloy
[Fellow]Vanadium sustained upward

[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

8.6-8.8

ferrovanadium 50#

9.0-9.2

9.0-9.2

9.0-9.2

9.0-9.2

9.2-9.4

V80N16

13.1-13.2

13.3-13.4

13.3-13.4

13.3-13.5

13.5-13.7

In this week, the prices of domestic V2O5, ferrovanadium, VN alloy were higher compared with last week, the increase was also higher than last week. As of Friday, the price of 98% flake V2O5 is 86,000-88,000 yuan/ton; the price of ferrovanadium is 92,000-94,000 yuan/ton; the price of VN alloy is 135,000-137,000 yuan/ton. Domestic enterprises prices has been released this week, including Panzhihua Iron and Steel Co., Ltd., the quotation of VN alloy was increased by 6000 yuan / ton to 141,000 yuan / ton, and that of ferrovanadium50# was increased by 2000 yuan / ton to 95,000 yuan / ton, all of which were quoted by tax acceptance terminal. Chuanwei, Desheng, Jianlong the latest vanadium pentoxide quote is 88500 yuan / ton tax acceptance. Although the purchase of steel mills has been reduced since the middle of December, the decrease of demand has not affected the sentiment of manufacturers The decline in demand did not affect the sentiment of the manufacturers to be reluctant to sell out and it is expected that the vanadium alloy market will continue to rise in the near future.

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

  • [Editor:wenxin]

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