[Ferro-Alloys.com] 

Vanadium begin to pick up; Tungsten and Molybdenum steadily up

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

Recently, the market price of vanadium alloy has risen steadily, the bidding of major domestic steel mills has not yet begun, most of them are still in a wait-and-see state. At present, VN alloy manufacturers list more full and the spot resources less, part of the transaction price is about 126,000 yuan / ton, the quoted price of manufacturers are firm and  high in general, some manufacturers quote close to 130,000 yuan / ton. As of Friday, the price of 98% flake V2O5 is 80,000-82,000 yuan/ton; the price of ferrovanadium is 90,000-92,000 yuan/ton; the price of VN alloy is 125,000-127,000 yuan/ton. At present, it is difficult for domestic vanadium and nitrogen alloy manufacturers to purchase vanadium in the near future. Next week the steel factory bidding is about to start, the market activity atmosphere has given the vanadium price to rise the space, the follow-up dynamic still needs to pay close attention.

Molybdenum market newsletter：                                                                           unit:10,000 yuan/ton

                                                                                                                                               unit:1,000 yuan/ton

This week the domestic molybdenum alloy market runs smoothly, the end of the month steel factory bidding situation than the previous activity also rebounded, the overall market atmosphere is more positive. Prices were flat this week, as of Friday, the domestic price of ferromolybdenum 60# is 96,000-97,000 yuan/ ton;the price of molybdenum concentrate 40%-45% is about 1,430-1,450 yuan/ton; the mainstream price of molybdenum oxide is 1,500-1,520 yuan/ton. Recently, the purchasing bidding price of ferromolybdenum in steel mills has been slightly increased, but the price increase is not large. Most of the quotations are about 97000 yuan / ton, and the quotations of enterprises and traders are still relatively firm.

Tungsten alloy market newsletter：                                                   unit:10,000 yuan/ton

The following is a quotation for large enterprises:

Ganzhou Tungsten Association: the average forecast price of domestic tungsten market in November 2020, the price of 55% wolframite concentrate was 80800 yuan/ton is 80,800 yuan / ton, down 2,200 yuan / ton compared to October; the price of APT was 124,000 yuan/ton, down 3,500 yuan / ton compared to October;

Zhangyuan Tungsten Industry: Chongyi Zhangyuan Tungsten Industry Co., Ltd., The quotation for the second half of the month of November is as follows: Black tungsten concentrate (WO3≥55%: 82,000 yuan/ton, up 1,200 yuan/ton compared to the first half of November; cheelite concentrate (WO3≥55%):80,500 yuan/ton, up 1,200 yuan/ton compared to the first half of November; Ammonium paratungstate (GB zero):125,000 yuan / ton, up 1,200 yuan/ton compared to the first half of November.(Note: the above unit price includes 13% VAT.)

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

• [Editor:wenxin]