Vanadium Market Maintained Stable Before The Spring Festival This week, the vanadium market price fluctuation is small, the market transaction situation is flat, the inquiry enthusiasm of upstream and downstream manufacturers is low, and the market is relatively quiet.

Today, the price of VN is about 148000 CNY/Ton by cash, and some traders are slightly active to offer in recent two days, with 147000 CNY/Ton, but there are few transactions.
A small number of V2O5 flake holders offer at 97000 CNY/Ton by cash, and the quotation of ferrovanadium is 102000-104000 CNY/Ton. For the market after the Spring Festival, downstream manufacturers and traders said that the market will be mainly stable with small fluctuations.