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26.0¢ technology metals australia limited

Vanadium Price set to break $9/lb, page-2

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25/05/21

14:01

Post #: 53400461
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Originally posted by teddie: ↑

This from the latest Ferro Alloy Report

"At present, the mainstream quotations of flake V2O5 are at 120-121 thousand Yuan/ton($8.61-$8.68/lb) and quotations from the small and
medium sized manufacturers are at 120-121 thousand Yuan/ton($8.61-$8.68/lb) with payment by cash.
It is understood that at present the price of flake V2O5 for
long term contracts are expected to adjust, but the price will not be determined until next week."

"Next week will be the critical time for vanadium market, during which the pricing of flake V2O5 for long term contracts and steel mills’ centralized purchasing
will be carried out."

A squeeze could be on with the price headed for $10/lb

We should be on the way to 50c but when will the selling stop??? When it does hang on

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Great information Teddie, much appreciated

TMT Price at posting: 33.0¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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