Vanadium Market Remains Stable This week, vanadium alloy steel bidding is relatively concentrated, and vanadium market trading is active. The steel bidding price remained reasonable is stable, and the manufacturers’ quotation is relatively uniform. The vanadium nitrogen alloy is basically around 147000 yuan / ton by acceptance with tax, and the ferrovanadium iron is not more than 100000 yuan / ton by acceptance with tax. Both of Pangang and Chenggang are active in shipment.

In terms of raw materials, the transaction price of ammonium metavanadate for metallurgy is 90000-91000 yuan / ton, including tax, and the highest transaction price of chemical industry is 95000 yuan / ton, with few transactions. Due to the low output of some manufacturers and the unsatisfactory market price, the shipment will be postponed and the market trend after the festival will be observed. The main transaction price of V2O5 flake is 92500-93000 yuan / ton in cash, which shows a little stalemate. Some manufacturers intend to raise the price slightly, but alloy manufacturers have low intention to accept orders. Obviously, the acceptance of shipment price of large V2O5 flake plants is higher than 96000 yuan / ton. There is no deal recently. It is expected to hold wait and see status until the beginning of next month.