Vanadium Weekly Review during 16 – 20 October, 2023

This week, the transaction volume of the vanadium market has changed slightly this week, and the prices of vanadium products have remained stable for the time being. The bidding for vanadium-nitrogen alloy has been carried out one after another, but the volume is small, and the transaction is still remain at the price of 136,000-138,000 yuan/ton delivery by A/P. As for ferrovanadium, the transaction is weak and stable at the price between 100,000-101,000 yuan/ton acceptance delivery by A/P with very small volume. In terms of retail V2O5 Flake, its transaction volume remained at 90,000 yuan/ton by cash. The transactions were mainly for urgent needs. And Ammonium metavanadate market transactions are stagnant.

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