The Price Of Vanadium Is Stable
www.ferroalloynet.com: Summary of domestic vanadium product quotations today: ammonium metavanadate is 99,000-100,000 CNY/Ton, retail V2O5 flake is 104,000-105,000 CNY/Ton, ferrovanadium is 113,000-114,000 CNY/Ton, and vanadium-nitrogen alloy is 155,000-158,000 CNY/Ton, all prices are in cash including tax.
There is no adjustment for domestic vanadium price today. Yesterday, the bidding price of vanadium-nitrogen alloy was close to 157,000 CNY/Ton in cash. Manufacturers were less willing to ship at low prices, and the actual transaction was close to the middle-to-high level. The ferrovanadium market is weak and stable, manufacturers’ quotations are no different from yesterday’s, transactions are not easy, and traders seldom make inquiries. The raw material side is still strong, major V2O5 flake manufacturers have not yet set prices, retail V2O5 flakes are showing a trend of rising, manufacturers are reluctant to sell at low prices, and some holders have raised their quotations, making it difficult to trade at high prices. At present, the purchase intention of V2O5 flake in most alloy factories does not exceed 103,000 CNY/Ton in cash, the enthusiasm for inquiries is not high, and the atmosphere of waiting and watching is heavy. Ammonium metavanadate has few transactions at high prices, and the mainstream transaction price is 98,000-99,000 CNY/Ton in cash.
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