Persistent Stalemate Between Upstream And Downstream Vanadium Market Recently, the price of ammonium metavanadate has risen slightly, and the mainstream transaction price is 77000-80000 yuan / ton by cash with tax. The high transaction price is just needed by chemical enterprises, and the impurities of ammonium metavanadate are controlled relatively stable. The low transaction price is mainly purchased by VN alloy manufacturers. Due to the price of V2O5 flakes stuck at 80000 yuan / ton by cash with tax, so the purchase price of ammonium metavanadate by VN alloy plants is not more than 77000 yuan / ton by cash with tax. At present, the domestic production of ammonium metavanadate is relatively small. Due to the low price of vanadium recently, the cost of vanadium extraction plants from stone coal is upside down, and most of them stop production. The manufacturers in the production are reluctant to sell at low prices. The price of ammonium metavanadate is adjusted synchronously with the price of mainstream vanadium products, and relatively speaking, there are not many low-price sources and the actual trading volume is relatively small.
The transaction price of V2O5 flake retailers is basically the same as that of large factories. Although the quotation of some V2O5 flake retailers has been increased to 81000-82000 yuan / ton by cash, after the shipment of large factories, the demand for retail V2O5 flake is relatively reduced, and it is difficult to deal with high prices. The actual transaction price is basically locked in cash of 80000 yuan / ton.
The alloy market is relatively stable. The mainstream tender price of steel plants is around 125000 yuan / ton by acceptance with tax, and part of the high price is sold to 124000-125000 yuan / ton by cash with tax. The manufacturers’ quotation is firm and stable, and the production is arranged according to the orders. The inquiry of vanadium market in mid of the month is rare and the transaction is not much. The tender price of ferrovanadium from steel plants is stable at 88000-90000 yuan / ton by acceptance with tax, and some transactions of retail market are slightly higher at 88000-90000 yuan / ton by cash with tax. The manufacturers determine the production according to the sales, and they are cautious in purchasing raw materials, waiting for the tender of steel plants at the end of the month.