Pangang Price Boost Vanadium Market, Low – Price Resources Difficult To Be Inquired’s domestic vanadium product quotation: the price of ammonium metavanadate is 100,000-103,000 CNY/Ton; the price of retail V2O5 flake is 106,500-107,000 CNY/Ton; the price of of VN alloy is 162,000-165,000 CNY/Ton; the price of ferrovanadium50 is 114,000-118,800 CNY/Ton, which is all cash tax included.

Today, Pangang took the lead in raising the weekly guidance price of vanadium alloy; the price of VN alloy rose by 3000 yuan to acceptance tax of 173,000 CNY/Ton, and the price of ferrovanadium50 rose by 2000 yuan to acceptance tax of 118,000 CNY/Ton, which boosts the vanadium market. Some manufacturers increase the offer or temporarily do not offer, so it is difficult to inquire at low price resources .

The offer of retail V2O5 flake is less. The part of the alloy factory intends to purchase V2O5 flake at 106,000 CNY/Ton in cash , which is obviously not easy to buy, the seller and seller are in a wait-and-see. Ammonium metavanadate inquiry increased, and low quotation reduced, but there is wait-and-see attitude of transaction. Most VN alloy manufacturers temporarily do not offer, and low price resources reduce, so traders offer up 62,000 to 165,000 CNY/Ton in cash, waiting for a deal. The price of ferrovanadium goes up, and the manufacturer said that the  loss is serious, so they temporarily do not offer; Some traders’ quotation has rose by4000 CNY/Ton to 115,000 CNY/Ton in cash, waiting and seeing the market transaction situation.