Date: Jan 12, 2018
www.ferroalloynet.com: This week Chinese vanadium prices continue to increase slightly. Vendor quotation for V2O5 flake are closing to market prices, and steel mills are inactive on bids. Meanwhile, with low availablity to vanadium pentoxide flake, downstrean alloy producers make purchase on demand but face high risks since the prices rise to highs. Market participants become more cautious on operation. The market next week is likely to consolidate at highs.

Product Current price Change forecast Basis
Ammonium metavanadate 170000-175000 Consolidating at highs RMB/TON, tax inclusive
Vanadium pentoxide powder 180000-188000 Consolidating at highs RMB/TON, tax inclusive
Vanadium pentoxide flake 180000-190000 Consolidating at highs RMB/TON, tax inclusive
Ferrovanadium 50# 190000-200000 Consolidating at highs RMB/TON, tax inclusive
Ferrovanadium 80# 304000-320000 Consolidating at highs RMB/TON, tax inclusive
Vanadium-nitrogen (VN16) 290000-300000 Consolidating at highs RMB/TON, tax inclusive

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