www.ferroalloynet.com: This week Chinese vanadium price increase range is large, due to the supply shortage. Steel mills are active to replenish stocks but the sellers are reluctant to sell at lows. Meanwhile, with low availablity to vanadium pentoxide flake, the market is full of the reluctance on sell. The prices next week may remain at highs and the bidding prices offered by steel mills attract much attention.
| Product |
Current price |
Change forecast |
Basis |
| Ammonium metavanadate |
160000-165000 |
Stay at highs |
RMB/TON, tax inclusive |
| Vanadium pentoxide powder |
172000-177000 |
Stay at highs |
RMB/TON, tax inclusive |
| Vanadium pentoxide flake |
145000-180000 |
Stay at highs |
RMB/TON, tax inclusive |
| Ferrovanadium 50# |
185000-195000 |
Stay at highs |
RMB/TON, tax inclusive |
| Ferrovanadium 80# |
269000-312000 |
Stay at highs |
RMB/TON, tax inclusive |
| Vanadium-nitrogen (VN16) |
285000-295000 |
Stay at highs |
RMB/TON, tax inclusive |
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