www.ferroalloynet.com: In recent days, all quotations and transaction prices of vanadium have not changed much. The market keeps stable due to the sluggish trading. As for the downstream alloys, the transaction price of 50# ferrovanadium keeps at CNY 135,000-137,000/t, while the minimum price of vanadium-nitrogen alloy is CNY 194,000/t, and the sources are limited, most quotations are CNY 195,000-198,000/t. As for raw materials, the transaction price of bulk V2O5 flake is CNY 126,000-128,000/t by cash, and the quotations from large factories are CNY 130,000/t by acceptance. Due to the limited trading volume in downstream alloy market has affected the trading of V2O5 flake. The upstream price of ammonium metavanadate is weak, especially for the price of metallurgical ammonium metavanadate.
At present, the vanadium market is stable but weak, and still lack of momentum for the price rise. In the short run, the market will still be in a stalemate.
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