The downstream pressure of vanadium city is still weak and stable [SMM vanadium spot KuaiBao]

Published: Jan 11, 2022 14:06

Source: SMM

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SMM1 March 10th: today, the mainstream transaction price of vanadium is 12.4-126000 yuan / ton in cash; the mainstream transaction price of ferrovanadium is 12.6-128000 yuan / ton in cash; and the mainstream transaction price of vanadium-nitrogen alloy is 18.5-190000 yuan / ton. The price of domestic vanadium products is stable compared with last Friday. At present, the domestic vanadium market continues to be weak and stable, most of the enterprises are back-to-back operations, market fluctuations are limited, prices are expected to remain stable in the short term.

SMM1 March 11th: today, the mainstream transaction price of vanadium is 12.4-126000 yuan / ton in cash; the mainstream transaction price of ferrovanadium is 12.6-128000 yuan / ton in cash; and the mainstream transaction price of vanadium-nitrogen alloy is 18.5-190000 yuan / ton. The price of domestic vanadium products is more stable than yesterday.

"Click to view the spot quotation of SMM vanadium products

At present, under the influence of weak downstream demand, the price of vanadium in the domestic market continues to be weak and stable today. at present, with the approaching of the festival, steel mills still have a certain stock of raw materials, and bidding for steel mills still shows a decreasing trend. the sluggish downstream demand also affects the operation mentality of traders, domestic trading enterprises mostly hold a wait-and-see mentality, domestic vanadium prices rise weakly. But at the same time, the overall supply of sheet vanadium manufacturers has not changed significantly, sheet vanadium manufacturers continue to support the market, under the cost support, vanadium nitrogen alloy, vanadium ferrovanadium price downward space is also limited.

At present, the domestic vanadium market continues to be weak and stable, most of the enterprises are back-to-back operations, market fluctuations are limited, prices are expected to remain stable in the short term.

Price forecast quotation daily review

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