Vanadium Weekly Market Overview During 16-20 September, 2019
www.ferroalloynet.com: This week, vanadium prices have little fluctuation, the upstream raw material manufacturers are becoming more and more unwilling to sell goods. The quotation of bulk V2O5 flake has been raised from CNY 127,000-128,000/t to CNY 129,000-130,000/t by cash. The mainstream transaction price of ammonium metavanadate is CNY 125,000-130,000/t. This week, the ferrovanadium market is stable, and the trading is sluggish. The quotations from most vanadium-nitrogen alloy manufacturers are uniform, and they are reluctant to sell. The vanadium-nitrogen alloy steel bidding price of Laigang Yongfeng, Yangchun Steel is CNY 197,000-198,000/t by acceptance, and the price trend is stable. Since Wednesday, some traders have begun to sell at low prices and reduce inventory moderately. The transaction price of spot is CNY 193,000/t. The upstream raw material price is firm, the downstream alloy price is stable and weak, and the alloy factories produce under pressure. At present, the vanadium products are abundant, and the price is expected to stable next week.
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Company
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Products
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Price(CNY/T)
|
QTY(TON)
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Remarks
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Laiwu Steel
|
VN16
|
197000
|
160
|
Acceptance With Tax
|
|
Laiwu Steel
|
50# FV
|
137000
|
70
|
Acceptance With Tax
|
|
One steel mill in Shandong
|
50# FV
|
137500
|
10
|
Acceptance With Tax
|
|
Anhui Yangtze River
|
VN16
|
198500
|
100
|
Acceptance With Tax
|
|
Shaoguan Steel
|
VN16
|
196000
|
80
|
Acceptance With Tax
|
|
Fujian Sanming
|
VN16
|
195000
|
60
|
Acceptance With Tax
|
|
Kunming Steel
|
VN16
|
197300
|
10
|
Cash With Tax
|
|
198100
|
15
|
|||
|
Nanjing Steel
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VN16
|
199000
|
60
|
Acceptance With Tax(including bidding fee)
|
|
Shougang Changzhi
|
VN16
|
198000
|
40
|
Acceptance With Tax
|
|
Gansu JISCO
|
50# FV
|
138800
|
20
|
Acceptance With Tax
|
|
Yangchun Steel
|
VN16
|
198000
|
60
|
Acceptance With Tax
|
|
Laigang Yongfeng
|
VN16
|
197000
|
50
|
Acceptance With Tax
|
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