The Price Is Stable At The Beginning Of The Week With Less Quotation At the beginning of the week, the price of vanadium market remained stable. There are less quotation from manufacturers and traders, and they took a wait-and-see attitude. Today’s quotations of vanadium products are as follows: ammonium metavanadate 98%: 77000-80000 yuan / ton; V2O5 flake: 80000-81000 yuan / ton; FeV50: 88000-90000 yuan / ton; VN alloy: 123000-125000 yuan / ton, all of which are by cash including tax.
At the beginning of the week, manufacturers continue to quote with a strong price, with a strong wait-and-see attitude. At the end of the month, there will be more bidding from steel mills, and the market demand will be relatively high. VN alloy manufacturers have high enthusiasm to participate in the bidding of steel plants. There is little change in the price of ferrovanadium, with less inquiry and less transaction. Some manufacturers of V2O5 flake do not sell and intend to continue to raise prices. Therefore the transaction volume of retail V2O5 flake is small. This week, it is mainly to focus on the bidding price of steel plants.