We would love to hear your thoughts about our site and services, please take our survey here.
Apols again (i need a run haha) 270 days ( not 180).
Knowing estimated output and if vanadium prices stay where they are ( which they won’t) then sales for the year worst case scenario should be @ $133 mil dollars!!
Yes Jimbo found it so basically our production has risen from
Q1 2020= 9.7 Tonnes per day
Q1 2021= 12.5 Tonnes per day
Q2 2022 = 13 Tonnes per day
Therefore Q1 688 Tnpd + Q2,Q3,Q4 (@180 days x13 Tnpd)
= 4198 tonnes estimated
Q1 output is a lot higher than I thought it would be considering we in effect lost 35 days maintenance + 5 days strike . It has actually gone from approx 9.7 tonnes per day to 13.7 tonnes per day!!
§ Q1 2021 Group production of 688 mtV (Q1 2020: 880 mtV) affected by the previously announced 35-day planned maintenance shutdown at Vametco, which was successfully completed on time and within budget, during the quarter.
Vanadium system is in good atmosphere and V2O5 flake procurement enthusiasm is high
URL: https://www.ferroalloynet.com/analysis/vanadium_system_is_in_good_atmosphere_and_v2o5_flake_procurement_enthusiasm_is_high.html
Posted: Thu, 13 May 2021 04:13:00 GMT [0 days ago]
Keywords: Vanadium Vanadium Pentoxide
Channel: China Market Analysis
Tags: VanadiumVanadium Pentoxide
Summary: www.ferroalloynet.com:Nearly vanadium market atmosphere is good,and people’sstate is positive. Today, Panzhihua Iron and Steel raised the guidance price, and VNalloy rise CNY/Ton, and fe...
Voice Broadcast
www.ferroalloynet.com:Nearly vanadium market atmosphere is good, and people’s state is positive. Today, Panzhihua Iron and Steel raised the guidance price, and VN alloy rise 7000 CNY/Ton, and ferrovanadium rise 4000 CNY/Ton, adding confidence to the market, and alloy manufacturers offer follows the increase.
At present, most VN manufacturers complete early orders and have no spot, so there is less shipments. VN actual transaction rate rose slightly slower, and gradually followed up. Currently there are a small amount of transaction at the price of in cash 174,000-175,000 CNY/Ton. The enthusiasm to purchase raw materials is still relatively high, but the alloy factory are more hesitant and cautious to purchase high-priced vanadium, and retail V2O5 flake market price is relatively chaotic, and the supply of goods is less, at present, some of the holders offer in cash 117,000-118,000 CNY/Ton, and wait-and-see mood is high.
www.ferroalloynet.com:Today's domestic vanadium products quotation summary: 98% metallurgical ammonium metavanadate98% of 112,000 CNY/Ton, retail V2O5 flake of 117,000-118,000 CNY/Ton, ferrovanadium50 of 122,000-125,000 CNY/Ton, VN alloy of 175,000-182,000 CNY/Ton, all in cash including tax price.
Raw material market inquiry heat is not reduced, and the downstream alloy factory procurement are cautious and slow down the speed. Retail V2O5 flake maintain high cash price of 117,000-118,000 CNY/Ton, and the actual transaction price is around 116,000 CNY/Ton in cash. Although the alloy factory purchases actively, the acceptance is limited at high price, so they wait and see the alloy price following up. In the past two days partial ammonium metavanadate quotation increased, and the actual transaction is not much, and the buyer and seller wait-and-see intention is strong.
Alloy transactions amount with a small rise, steel bidding are not much, and most transactions are bulk deals. VN alloy transaction price is in cash 174,000-175,000 CNY/Ton, and ferrovanadium50 price is in cash 121,000-122,000 CNY/Ton. Vanadium market bullish atmosphere is strong. The manufacturer offer rise or temporarily do not offer, and the market low price resources reduce, and traders procurement difficulty increases. The high purchase operation risk is high, so they keep wait-and-see or a small amount of cover positions.
www.ferroalloynet.com:There is a significant increase in market activity compared to last week, due to higher raw material prices and a surge in rebar prices, which gave confidence to the market.
At present, the price of raw materials is firm, maintaining a high level, and the market supply is relatively short. V2O5 flake are sold with 114,500-115,000 CNY/Ton in cash, and some shippers quote 116,000 CNY/Ton in cash. At present, alloy factories are in a positive state of inquiry for goods, and most vanadium are purchased with 115,000 CNY/Ton in cash or less.
Partly ammonium metavanadate fluctuates upward, and the transaction price is about 108,000 CNY/Ton in cash. Some high transaction price is 110,000 CNY/Ton in cash, and low price supply is difficult to find, and some manufacturers wait for further market, so they do not shipped temporarily.
www.ferroalloynet.com:Today's domestic vanadium products quote summary: metallurgical ammonium metavanadate98% of 109,000-110,000 CNY/Ton, retail V2O5 flake of 115,000-116,000 CNY/Ton, ferrovanadium50 of 119,000-125,000 CNY/Ton, VN alloy 171,000-175,000 CNY/Ton, all in cash and including tax.
Inquiries in the raw material market were particularly positive yesterday, and the overall transaction was active. Retail V2O5 price rose slightly to 115,000 CNY/Ton from in cash 114,000 CNY/Ton,and low price resources gradually reduced, the holder offer around 116,000 CNY/Ton in cash. Under the bullish atmosphere, the intended purchase price of the alloy factory increased to 114,500 CNY/Ton in cash, and no more than 115,000 CNY/Ton. The actual transaction price is just 114,500-115,000 CNY/Ton, and there is not many transactions at high price. It is difficult to purchase V2O5 price, and some alloy factories turn to ammonium metavanadate market, which pushes the price of ammonium metavanadate up slightly. The metallurgical ammonium metavanadate98% transactions price are 107,000-109,000 CNY/Ton in cash, and a small number of transactions are made at a high price of 110,000 CNY/Ton.
Raw material prices are rising, and the cost support. Alloy factory prices are increased, and the price of VN alloy is increased to 171,000-175,000 CNY/Ton in cash, and ferrovanadium50 price is in cash 122,000-125,000 CNY/Ton. Although the actual transaction of alloy did not follow up, but the manufacturer's attitude is relatively strong and positive, and raw material resources are tight. Rebar price rise fierce and may promote vanadium market stronger.