Weekly report of vanadium alloy market12.21-12.25) Vanadium prices rise sharply

  • Friday, December 25, 2020
  • Source:ferro-alloys.com

  • Keywords:vanadium,V2O5,ferrovanadium, VN alloy
[Fellow]Vanadium prices rise sharply

[Ferro-Alloys.com

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

Specification 

Mon

Tue

Wed

Thu

Fri

Up and Down

98% 

flake V2O5

8.9-9.1

9.2-9.4

9.2-9.4

9.6-9.8

9.8-10.0

ferrovanadium 50#

9.2-9.4

9.3-9.5

9.6-9.8

9.6-10.0

9.6-10.0

V80N16

14.0-14.2

14.0-14.2

14.7-14.9

15.5-15.7

15.5-15.7

In this week, the vanadium prices rose sharply, up from last week at 100 million yuan / ton. As of Friday, the price of 98% flake V2O5 is 98,000-100,000 yuan/ton; the price of ferrovanadium is 96,000-100,000 yuan/ton; the price of VN alloy is 155,000-157,000 yuan/ton. This week, the price rise of vanadium alloy slowed slightly, and the quotation of VN alloy rose to 160,000 yuan / ton, but the actual transaction price was between 155,000-157,000 yuan / ton, and the mainstream of ferrovanadium quotation was more than 99,000 yuan / ton, a few manufacturers quoted in 101,000 yuan / ton, vanadium pentoxide large quotation has not been issued, bulk market quotation was between 98,000-100,000 yuan/ton. The end of the month is about to usher in a new round of steel factory bidding, supported by demand costs,  vanadium prices are expected to rise constantly in short-term.

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

 
  • [Editor:wenxin]

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