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[Ferro-Alloys.com]

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

In this week, the domestic vanadium alloy prices rise constantly. As of Friday, the price of 98% flake V2O5 is 105,000-107,000 yuan / ton; the price of ferrovanadium is 116,000-118,000 yuan / ton; the price of VN alloy is 166,000-168,000 yuan / ton. It is reported that Panzhihua Iron and Steel Co., Ltd. increased the latest weekly guiding price of vanadium products on February 18, of which VN alloy was raised to 165,000 yuan / ton, 9,000 yuan / ton higher than the last offer, and 110,000 yuan / ton higher than the last offer, both are taxable acceptance prices. Chuanwei released the latest V2O5 quotation on Wednesday, the price was increased to 107,000 yuan / ton tax acceptance, with a planned signing volume of 700-800 tons. At present, the market price ofV2O5 is 107,000-108,000 yuan / ton, the VN alloy manufacturers quote more than 165,000 yuan / ton, the ferrovanadium50# mainstream quotation is about 117,000 yuan / ton, part of the quotation as high as 120,000 yuan / ton. After the Spring Festival, the domestic vanadium alloy prices have been increased due to the raw material price rising, the factory quotation unceasingly rises. Recently, some domestic steel mills began to bid, the bidding quantity and price need to continue to pay attention to, it is expected that there is still a certain room for future prices rising, the market as a whole has a positive and optimistic attitude.

For more ferroalloys market information, please click http://m.njzxhs.com/ .

• [Editor:wenxin]