Vanadium price forecasts for next week (January 22-26, 2018)

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Date: Jan 19, 2018
www.ferroalloynet.com: This week Chinese vanadium prices remain stable and some market participants keep a close eye on future biddings. Vanadium pentoxide flake offers stablize at highs and the producers sign orders mainly with regular customers. Steel mills’ biddings will start next week, so the market next week will depend on the bidding prices and is anticipated to continue consolidating at highs.

Product Current price Change forecast Basis
Ammonium metavanadate 170000-175000 Consolidating at highs RMB/TON, tax inclusive
Vanadium pentoxide powder 180000-188000 Consolidating at highs RMB/TON, tax inclusive
Vanadium pentoxide flake 180000-190000 Consolidating at highs RMB/TON, tax inclusive
Ferrovanadium 50# 190000-200000 Consolidating at highs RMB/TON, tax inclusive
Ferrovanadium 80# 304000-320000 Consolidating at highs RMB/TON, tax inclusive
Vanadium-nitrogen (VN16) 290000-300000 Consolidating at highs RMB/TON, tax inclusive

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