Molybdenum iron prices continued to rise slightly; the market trend of tungsten and vanadium both downward
Vanadium Alloy market newsletter:
This week the vanadium alloy market continued to decline, the recent domestic vanadium market as a whole showed a downward trend, in the case of oversupply and low market demand, manufacturers sales situation is not optimistic, prices are lower than the previous period. When winter comes, enterprises may face the pressure of reduced demand, while the profits of domestic iron and steel enterprises are narrowed again, and the trend of demand recovery of steel mills is small, which will form the pressure again for the later vanadium industry. But some domestic large factories are still strong, and supply and demand are difficult to balance in the short term. So far, the price of 98% flake V2O5 is 88,000-91,000 yuan/ton, down 6000 yuan/ton compared to last week; the price of ferrovanadium is 99,000-102,000 yuan/ton, down 2000 yuan/ton compared to last week; the price of VN alloy is 142,000-144,000 yuan/ton, the same as last week Steel procurement is still going on, vanadium market demand points also showed this week, the purchase price is different, Nanyang Hanzhi vanadium iron purchase price 105500 yuan / ton acceptance, purchase quantity 10 tons; Nangang vanadium iron purchase price 99500 yuan / ton acceptance, purchase quantity 30 tons; Jiugang headquarters vanadium iron purchase price 101800 yuan / ton acceptance, purchase quantity 30 tons; Laigang vanadium iron purchase price 100000 yuan / ton acceptance, purchase quantity 30 tons.
Molybdenum market newsletter：
In this week, the international ferromolybdenum prices fell, the price of molybdenum alloy market rose slowly. Some domestic steel factory bidding prices were lower than last week, procurement volume is not optimistic. Molybdenum concentrate and molybdenum oxide market did not fluctuate significantly, the prices are same as last week. It is expected that the warming trend of molybdenum alloy market in China is weak in the short term, but under the support of the release of purchasing demand of some steel plants in the early stage, the downward space of molybdenum system market is limited.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 same as last week; the price of ferromolybdenum 60# is 95,000-96,000 yuan/ ton, up 1500 yuan/ton compared to last week. The purchase price of molybdenum iron in a steel plant in East China is 92500 yuan / ton, the purchase quantity is 60 tons, the purchase price of molybdenum iron in a steel plant in Hunan is 94800 yuan / ton, the purchase quantity is 90 tons, and the purchase price is 95500 yuan / ton.
Tungsten alloy market newsletter：
This week the tungsten alloy market showed a small downward trend compared with last week, the prices of tungsten iron and APT fell slightly compared with last week, tungsten concentrate prices were the same as last week. At present, the domestic market is still in the situation of oversupply, resulting in domestic tungsten long-term quotation compared with the previous period are repeatedly lowered. So far, the price of Tungsten concentrate 65% is 83,000-85,000 yuan/ton, the same as last week; the price of ferrotungsten is 137,000-138,000 yuan/ton, down 1750 yuan compared to last week; the price of APT is 127,000-127,500 yuan/ton, down 1250 yuan compared to last week. 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.
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