Vanadium City Continued High And Strong Operation’s domestic vanadium product quotation summary: partial ammonium metavanadate98% of 113,000-115,000 CNY/Ton, retail V2O5 flake of 121,000-122,000 CNY/Ton, VN alloy 180,000-183,000 CNY/Ton, ferrovanadium50 of 125,000-126,000 CNY/Ton, all cash tax included price.

Today the vanadium product market maintains a high and strong operation, and the price of vanadium products is firm. The price of raw materials continues to go up, and retail V2O5 flake quotation is in cash of 121,000-122,000 CNY/Ton, and the actual transaction price is 120,000 CNY/Ton in cash. Currently VN alloy factory accepted the highest price. Some bearers are optimistic about the future market, and temporarily not offer. Partly ammonium metavanadate price slightly increased, and the offer has been to in cash 115,000-116,000 CNY/Ton, and transaction gradually follows up.

Alloy market is strong, VN alloy transaction is relatively active, bulk goods transaction price is about 177,000-178,000 CNY/Ton in cash. Middlemen purchase are more hesitant, and vanadium prices rapidly rising, steel bidding price following up is slow, so middlemen profit margin is small. The manufacturer’s quotation is adjusted with the raw material price to 180,000-183,000 CNY/Ton in cash, and the steel quotation is slightly increased to 179,000-183,000 CNY/Ton for acceptance including tax. The price of ferrovanadium is stable, and the transaction is followed up slowly. The ferrovanadium factory are alert to lose money and purchases high-priced raw materials according to orders. Bulk ferrovanadium quotation is in cash 125,000-126,000 CNY/Ton, and the transaction is general.