The Offer Of Vanadium Plants Decrease Slightly, And The Transactions Are Still Light This week, vanadium alloy inquiries are slack, and overall trading slows down. Most vanadium enterprises offer relatively uniform prices. The price of ammonium metavanadate is CNY 95,000-100,000/t, the price of flake vanadium is CNY 9,8000/t, the price of vanadium-nitrogen alloy is CNY 152,000-153,000/t, and the price of ferrovanadium is CNY 10,3000-10,5000 /t. Some manufacturers and traders think the market price will drop next week, so their offers decline slightly. The offers of vanadium-nitrogen alloy are reduced to CNY 150,000/t, and the transaction volume is still limited.

In terms of upstream raw materials, in bulk market, the price of V2O5 flake is CNY 98,000 / t by cash, with more sales and less purchase. Some vanadium-nitrogen alloy plants have inquired for goods at low price, and the price of low-priced sources is CNY 96,000-97,000 /t by cash. There are a few transactions, but the manufacturers still feel difficult to purchase. The vanadium market price is stable due to the limited trading volumes, and there seems to be a slight drop in the offer of V2O5 flake and vanadium-nitrogen alloy prices.