Vanadium Weekly Market Overview during 25 February-1 March, 2019
Date: Mar 1, 2019
www.ferroalloynet.com: This week,vanadium market overall performance is relatively stable, the price has no fluctuations. Most of the downstream alloy factories focus on completing orders. The price of ferrovanadium is no more than CNY 250,000/t while that of vanadium-nitrogen is no more than CNY 350,000/t. Due to the adjustment of vanadium price in mid-month, the price has been slightly increased. The vanadium-nitrogen is CNY 355,000/t, and ferrovanadium price has no change. This week, vanadium transactions are relatively light, Laiwu steel bidding price is also expected.
Vanadium Bidding Price from Steels in February
| Company | Products | Price(CNY/T) | Quantity(Ton) | Remarks |
| Shaogang Steel | VN16 | 355000 | 200 | Cash With Tax |
| Nanjing Steel | VN16 | 365000 | 20 | Acceptance With Tax |
| Anhui Yangtze Steel | VN16 | 366000 | 50 | Acceptance With Tax |
| Nanjing Steel | FeV | 249900 | 30 | Acceptance With Tax |
| Laigang | VN16 | 359800 | 160 | Acceptance With Tax |
China vanadium market overview
Ammonium metavanadate
There is no fluctuation in price of ammonium metavanadate with tax this week, which with a stable trend. The price without tax rose by CNY 5,000/t slightly. Due to the low starting rate of ammonium vanadate in February, the production has been greatly reduced. In addition, there are few purchases this week. The market transaction is relatively light, but the price has been strong.
Vanadium pentoxide market
This week, the price of vanadium pentoxide is stable. The trading price of vanadium powder is CNY 240,000/t to CNY 250,000/t, and price of vanadium flake is CNY 250,000/t in cash. The price in Europe is also stable. Three large vanadium flake factories’ price has not changed and is still CNY 220,000/t acceptance with tax.
