Date: Feb 25, 2019
www.ferroalloynet.com:The <a target=”http://www.ferroalloynet.com/analysis/_blank” href=”http://www.ferroalloynet.com/Vanadium/”>vanadium</a> price has a positive performance this week, the overall price increases slightly by CNY 10,000/t. The shortage of raw materials and giants pricing adjustment drive bull market prices higher. Most of alloy factories are mainly to complete orders and small amounts of bull markets’ offers go up slightly. The mainstream market transaction price of vanadium pentoxide is CNY 250,000/t in cash, CNY 250,000/t in iron vanadium, and CNY 350,000/t in vanadium nitrogen alloy. Steel bidding price is also higher along with the market, in which the Shaogang vanadium and nitrogen alloy’s bidding price is CNY 355,000/t, Nanjing steel bidding price acceptance tax is CNY 365,000/t.
Vanadium Bidding Price from Steels in February
Company | Products | Price(CNY/T) | Quantity(Ton) | Remarks |
| Shaogang Steel | VN16 | 315000 | 200 | Cash With Tax |
| Changjiang Steel | VN16 | 308000 | 60 | Acceptance With Tax |
| Kunming Steel | VN16 | 319600 | 20 | Cash With Tax |
| Kunming Steel | VN16 | 319300 | 20 | Cash With Tax |
| Laigang | VN16 | 317000 | 130 | Acceptance With Tax |
| Laigang | FeV50# | 220000 | 40 | Acceptance With Tax |
| Jiangsu Changjiang Steel | FeV50# | 220000 | 20 | Acceptance With Tax |
| Nanjing Steel | VN16 | 325000 | 20 | Acceptance With Tax |
| Anhui Yangtze Steel | VN16 | 324000 | 50 | Acceptance With Tax |
| Nanjing Steel | VN16 | 345000 | 20 | Acceptance With Tax |
| SHOUGANG | VN16 | 320000 | 15 | Acceptance With Tax |
| Shaangang Group Longmen Steel | VN16 | 345000 | 20 | Acceptance With Tax |
| Shaangang Steel | VN16 | 354000 | 60 | Acceptance With Tax |
| Shaoyang Steel | VN16 | 355000 | 200 | Acceptance With Tax |
| Nanjing Steel | FeV | 249900 | 30 | Acceptance With Tax |
| Nanjing Steel | VN16 | 365000 | 20 | Acceptance With Tax |
China vanadium market overview
Ammonium Metavanadate
The production of ammonium metavanadate is expected to be slightly reduced this month. Due to the influence of the weather in the north, some manufacturers haven’t started yet. The vanadium prices of the companies in production have increased, such as shaanxi huayuan and hubei chuangda offer cash is only CNY 240,000 /t,and the supply is tight.
Vanadium pentoxide market
This week, vanadium market price also slightly upward, three big vanadium factories’ offer acceptance is still CNY 220,000/t, bulk market price has reached CNY 250,000/t.Traders purchasing price is not less than CNY 250,000/t.
