Vanadium Enterprises Wait And See Steel Bidding Today’s domestic vanadium products quotation: metallurgical ammonium metavanadate98% of 99,000-102,000CNY/Ton, retail V2O5 flake of 105,500-106,000CNY/Ton, ferrovanadium50 of 112,000CNY/Ton, VN alloy of 157,000-163,000CNY/Ton, which is all cash tax included.

At present, domestic vanadium price is in stalemate. Near the end of the month, more vanadium enterprises intend to wait and see steel bidding. The transaction price  of metallurgical ammonium metavanadate98% is in cash of 98,000-100,000CNY/Ton; The transaction price  of metallurgical ammonium metavanadate98.5% is in cash of 105,000-106,000CNY/Ton; offer of retail V2O5 flake  is less, and the price is less than 105,500CNY/Ton in cash, which is difficult, and the downstream procurement intention is not high, and the supply-demand deadlock atmosphere is strong.

Alloy performance is different. The offer of VN alloy manufacturer in cash of 157,000-163,000CNY/Ton, and the actual transaction price is in cash of 157,000-158,000CNY/Ton. Traders’ inquiry price is low, but it is difficult to purchase at a low price, and the situation of market stalemated game remains unabated. The ferrovanadium market is very light, and the downstream inquiry activity is low; the quotation is chaotic, and the turnover is less. The offer of ferrovanadium manufacturer is 115,000-118,000CNY/Ton in cash, which could not be clinched. The actual transaction price is in cash of 112,000-113,000CNY/Ton..