Price Of Vanadium Maintain Stable And Of Low – Price Resources Is Limited

www.ferroalloynet.com:Quotation summary of vanadium products today: 98% ammonium metavanadate of 105,000-108,000 CNY/Ton, V2O5 flake of 110,500-111,500 CNY/Ton, VN alloy of 165,000-170,000 CNY/Ton, ferrovanadium50 of 116,600-120,000 CNY/Ton, all of which are cash price including tax.

Today, the domestic vanadium market price maintain stability, and low price resources are relatively limited. the upstream and downstream are generally reluctant to sell and wait, waiting bidding at the end of the month, compared with last week, manufacturers mentality has changed. VN alloy manufacturers aggressively inquire about raw material prices, and vanadium resources are slightly nervous, and some manufacturers think the price will rise, so the offer is firm.

At present, the actual market transaction situation is not ideal, and retail V2O5 flake price is in cash 111,000 CNY/Ton or so, and VN alloy transaction is not much, and the transaction price of bulk goods isn’t more than in cash 165,000 CNY/Ton, and ferrovanadium actual transaction price is 115,500-117,000 CNY/Ton.

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