Active Vanadium Raw Material Inquiry, Increased Enthusiasm For Production After the holiday, the price of VN alloy rose slightly to boost the market again. The high bidding price of the steel plant can reach 148,000 Yuan/ton by acceptance with tax, and the production enthusiasm of the manufacturers has also been improved. In April, some VN alloy manufacturers stopped production and keep heat preservation, and gradually resumed production recently. The inquiry of raw materials is relatively active. At present, the main transaction price of V2O5 flake is 94,500 Yuan/ton in cash with tax. Some V2O5 flake traders offer 94,700-95,000 Yuan/ton, which is not easy to deal with. Chemical grade ammonium metavanadate has a slight upward trend, and the quoted price is 94,000-95,000 Yuan/ton in cash with tax; metallurgical grade ammonium metavanadate quoted price is 91,000-92,000 Yuan/ton, and the transaction price is 82,000-83,000 Yuan/ton excluding tax.
For vanadium market in May, most of the vanadium enterprises are optimistic, the production enthusiasm of manufacturers is increased, and the intention of some traders to enter the market is enhanced. At the same time, they also say that they need to operate cautiously.