Vanadium Weekly Market Overview During 16-20 September, 2019

www.ferroalloynet.com: This week, vanadium prices have little fluctuation, the upstream raw material manufacturers are becoming more and more unwilling to sell goods. The quotation of bulk V2O5 flake has been raised from CNY 127,000-128,000/t to CNY 129,000-130,000/t by cash. The mainstream transaction price of ammonium metavanadate is CNY 125,000-130,000/t. This week, the ferrovanadium market is stable, and the trading is sluggish. The quotations from most vanadium-nitrogen alloy manufacturers are uniform, and they are reluctant to sell. The vanadium-nitrogen alloy steel bidding price of Laigang Yongfeng, Yangchun Steel is CNY 197,000-198,000/t by acceptance, and the price trend is stable. Since Wednesday, some traders have begun to sell at low prices and reduce inventory moderately. The transaction price of spot is CNY 193,000/t. The upstream raw material price is firm, the downstream alloy price is stable and weak, and the alloy factories produce under pressure. At present, the vanadium products are abundant, and the price is expected to stable next week.

Company 
Products 
Price(CNY/T)
QTY(TON)
Remarks 
Laiwu Steel
VN16
197000
160
Acceptance With Tax
Laiwu Steel
50# FV
137000
70
Acceptance With Tax
One steel mill in Shandong
50# FV
137500
10
Acceptance With Tax 
Anhui Yangtze River
VN16
198500
100
Acceptance With Tax 
Shaoguan Steel
VN16
196000
80
Acceptance With Tax 
Fujian Sanming  
VN16
195000
60
Acceptance With Tax 
Kunming Steel
VN16
197300
10
Cash With Tax
198100
15
Nanjing Steel
VN16
199000
60
Acceptance With Tax(including bidding fee)
Shougang Changzhi
VN16
198000
40
Acceptance With Tax 
Gansu JISCO
50# FV
138800
20
Acceptance With Tax 
Yangchun Steel
VN16
198000
60
Acceptance With Tax 
Laigang Yongfeng
VN16
197000
50
Acceptance With Tax 

www.ferroalloynet.com

Subscribe to receive daily Vanadium price and news

This will close in 0 seconds