Today,vanadium product markets in China move slightly higher.The biding price of vanadium plates in bulk has increased,and the offer of vanadium alloy has also rised.Although high-level transactions are difficult,entreprises still reject to sell at a low level and hold a positive attitude toward the subsequent market.
1、The vanadium plates market is getting stronger gradually.The assessment of main enterprises remain unchanged,but shipment volume is insufficient.Small and medium enterprises have increased its biding price with deficient prompt materials.Part of offers are getting close to the high level of early stage.
2、Ferrovanadium enterprises have rised its quotation largely,which up to 19,5000-19,8000 yuan/t. The enterprises's price uptick is mainly based on low inventory pressures and the difficulty of purchasing vanadium.Some traders also said that enterprises reject to offer or high prices have increased.A steelmakers in Shanxi province have tendered 60 tons vanadium with price at 19,3000 yuan/t,which is higher than the former stage.
3、The vanadium nitrogen alloy market moves forward steadily.Steel mills tender price has increased compared with former stage.The biding price of part mills is at 28,4000 yuan/t.Some has stopped offering to wait for the mills tender.A steel plants in Shandong province has tendered 150 tons vanadium nitrogen alloy.The render result remians to be announced in recent days.
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