Analysis On International Vanadium Price In Recent Month

www.ferroalloynet.com: In recent month, the trend of international vanadium price is different. The European ferrovanadium price has been strengthening. Since the beginning of November, the price of ferrovanadium in Europe has been increasing slightly, and then it has been running smoothly. After half a month, it has been slightly lowered, and then it has been rising slightly again in December, with a small range, but the trend is strong. As of last Friday (December 11), price in Europe has been raised to 24.9-25.3 USD/kgV, convert into 50# ferrovanadium RMB price was 81,400-82,700 Yuan/ton.

Looking at Europe’s vanadium pentoxide, the overall trend in recent month is weak. It slightly decreased in early November, then rose slightly and then remained stable for half a month. At the beginning of December, it decreased slightly to 5-5.35 USD/LB V2O5, convert into V2O5 98% RMB price was 70,700-75,600 Yuan/ton, and there is no adjustment recently. Although the domestic price has continued to rise recently, the increase is not large. The increase of domestic V2O5 flake is about 5000 yuan / ton, and the price difference with international price is gradually widening. At present, the price of imported V2O5 flake (plus tariff, VAT and port miscellaneous charges) is about 84000-85000 yuan / ton, and the current domestic high transaction price is almost 85000 yuan / ton. Domestic vanadium enterprises have been paying attention to imported resources, and their inquiries are relatively reduced, but they still import every month. It is estimated that the import volume from November to December is about 600 tons.

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