Domestic Vanadium Market Runs Steadily summary of the quotations of various domestic vanadium products today: the price of metallurgical ammonium metavanadate98% is 115,000-117,000 CNY/Ton, V2O5 (flake) from large-scale manufacturers is 118,500 CNY/Ton, retail V2O5 (flake) is 121,500-122,000 CNY/Ton, ferrovanadium50 is 129,000-132,000 CNY/Ton, VN alloy is 180,000-182,000 CNY/Ton, both are cash prices including tax.

At present, the domestic vanadium product market is running steadily, the raw materials are firm and stable, and the alloy is running steadily. Large manufacturers of V2O5 (flake) began to sign orders. Retail investors are in a stalemate. The holders give offers at 121,500-122,000 CNY/Ton, and the actual transaction price deadlocked at about 121,000 CNY/Ton in cash. The transaction center of ammonium metavanadate shifted downwards, and high-level transactions were not easy. The mainstream transaction price was 114,000-115,000 CNY/Ton (by cash).
In terms of alloys, most of the alloy plants are in order production, supported by cost, and the quotations are stable. The spot quotation of vanadium-nitrogen alloy is no less than 180,000 CNY/Ton in cash, and the quotation of ferrovanadium is no less than 130,000 CNY/Ton in cash. At this stage, traders are more difficult to operate, low-price purchases are not easy, there is no profit margin for buying at market prices, and their mentality is more hesitant.