Shanghai Puyi Metal warmly reminds you that the domestic vanadium market continues to be weak and deadlocked. The vanadium-nitrogen alloy quotation includes cash of 136,000-138,000 yuan, and the trade transaction is deadlocked at around 135,000 yuan. If it is less than 135,000 yuan, it is not easy to pick goods temporarily. Due to losses, some manufacturers have entered a state of suspension of production. Most of the quotations for ferrovanadium are 101,000-103,000 yuan in cash including tax, and a few are quoted at a high price of about 105,000 yuan. The transactions are still rare. Vanadium bulk cargo offers cash of 90,000-91,000 yuan, and most of them refuse to ship below 90,000 yuan, while buyers make inquiries of 88,000-89,000 yuan, so the supply and demand are slightly deadlocked.
