Vanadium weekly review (March 12-16, 2018): Chinese vanadium market sees the price variance between major manufacturers and other factories
| Date: Mar 16, 2018 | ||||||||||||||||||||||||||||||
| www.ferroalloynet.com: This week vanadium prices keep rising but the price increase slows down. Market participants basically take wait-and-see attitude. Ferrovanadium and vanadium-nitrogen factories can hardly find raw materials, and the purchased prices stand at highs. Major manufacturers still stabilize the prices but have limited quantities of materials. Ferrovanadium suppliers quote at 200000 rmb/ton or above, given the current cost. Vanadium-nitrogen prices stand at about 300000 rmb/ton.
Steel mills’ bidding prices
China vanadium market review China ammonium metavanadate market With limited supplies, ammonium metavanadate prices keep increasing. Small-scale companies have few inventories, and major companies quote at highs of 176000 rmb/ton (cash, tax inclusive). The production of vanadium pentoxide powder is low, and some V2O5 flake factories restock raw materials. |
