Vanadium-Nitrogen Bidding Prices Stabilize Summary of transaction prices of vanadium products: vanadium-nitrogen alloy is 133,000-136,000 CNY/Ton (by acceptance), ferrovanadium is 99,000-100,000 CNY/Ton (by acceptance), retail V2O5 flake is 85,000-86,000 CNY/Ton in cash, and ammonium metavanadate is 81,000-82,000 CNY/Ton in cash.

The bidding price of vanadium-nitrogen alloy continues to remain at 132,000-134,000 CNY/Ton in cash, and most manufacturers continue to suspend quotations. Low-priced spot goods are hard to find; but with the holidays approaching, traders are not very interested in taking orders at high prices, and the inquiry prices are still no more than 131,000 CNY/Ton in cash, retail supply and demand continue to be in a stalemate. Due to the low demand for ferrovanadium and the falling price of V2O5 flake, manufacturers in Liaoning have loosened their quotations to around 99,000-100,000 CNY/Ton in cash, but it is still difficult to make a deal.

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