www.ferroalloynet.com: At the beginning of the week, the quotations of major vanadium enterprises are firm. The acceptance price of V2O5 flake in large factories is CNY 130,000/t, and the bulk price is CNY 127,000-130,000/t by cash. The transaction price of ammonium metavanadate is CNY 123,000-130,000/t, while the purchase price of chemical enterprises is relatively high. The acceptance price of 50# ferrovanadium is CNY 137,000-140,000/t, while that of vanadium-nitrogen alloy is CNY 197,000-200,000/t. The quotation of vanadium alloy in Panzhihua Steel is stable.
Before National Day holidays, some steel mills will purchase in advance. Vanadium prices are expected to be strong and stable in the later period.
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