www.ferroalloynet.com: Summary of domestic vanadium product quotations today: ammonium metavanadate is 98,000-100,000 CNY/Ton, retail V2O5 flake is 102,000-103,000 CNY/Ton, ferrovanadium is 115,000-116,000 CNY/Ton, and vanadium-nitrogen alloy is 150,000-155,000 CNY/Ton, all prices are in cash including tax.
Today, the domestic vanadium pentoxide price continued to drop slightly by 1,000 CNY/Ton. After the concentrated steel mill’s bidding, the bidding is relatively scattered this week. The alloy factory said that the pressure of inverting production has increased, there are a few vanadium nitrogen alloy give offer prices, and the quotation of ferrovanadium is relatively stable. It is hard to stop falling for alloys, and the raw material side can only continue to operate under pressure. A small amount of V2O5 flake is quoted at 102,000 CNY/Ton in cash. There are few inquiries from alloy factories. Some traders intend to cover their positions in stages, and more merchants are waiting for the new round of pricing by major V2O5 flake manufacturers. Yesterday, a small amount of ammonium metavanadate was sold in cash of 98,000 CNY/Ton. Low-priced resources are limited, and chemical companies purchase on demand. The alloy factory said that the price of ammonium metavanadate is high, which has no advantage over the price of V2O5 flake. The intended purchase price does not exceed 96,000 CNY/Ton in cash.
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