VN alloy bidding prices are proportional to V2O5 flake

Date: Nov 22, 2017 China vanadium market is relatively deadlocked and full of wait-and-see sentiment. There are limited supplies of vanadium pentoxide flake but some buyers are still able to replenish raw materials. The current vanadium-nitrogen bidding prices remain stable at present. NISCO tenders 30 tons of vanadium-nitrogen at high price of 209500 rmb/ton, and the price exluding the tender fees stands at 206000 rmb/ton.

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