Vanadium price forecasts for next week (January 8-12, 2018)

Date: Jan 05, 2018
www.ferroalloynet.com: This week Chinese vanadium price increase range is large, due to the supply shortage. Steel mills are active to replenish stocks but the sellers are reluctant to sell at lows. Meanwhile, with low availablity to vanadium pentoxide flake, the market is full of the reluctance on sell. The prices next week may remain at highs and the bidding prices offered by steel mills attract much attention.

Product Current price Change forecast Basis
Ammonium metavanadate 160000-165000 Stay at highs RMB/TON, tax inclusive
Vanadium pentoxide powder 172000-177000 Stay at highs RMB/TON, tax inclusive
Vanadium pentoxide flake 145000-180000 Stay at highs RMB/TON, tax inclusive
Ferrovanadium 50# 185000-195000 Stay at highs RMB/TON, tax inclusive
Ferrovanadium 80# 269000-312000 Stay at highs RMB/TON, tax inclusive
Vanadium-nitrogen (VN16) 285000-295000 Stay at highs RMB/TON, tax inclusive

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