www.ferroalloynet.com: Due to the pressure of environmental protection and loss, all the stone coal enterprises in Hunan have shut down. At present, there are few domestic ammonium metavanadate manufacturers are in normal production, with the operating rate of about 28% last month, about 13 enterprises in production, and the total output of about 710 tons. It can be seen that there are only a few manufacturers with stable output and good quality. The output of Huayuan Mining Co., Ltd. in Shaanxi and Chuangda Mining Co., Ltd. in Hunan reach more than 100 tons. In recent two days, the transaction price is around CNY 100,000/t, with little inventory.
The production cost of most stone coal vanadium extraction enterprises is relatively high, and the expected price is CNY 90,000-110,000/t by cash. In the past month, vanadium prices keeps falling, and the transaction price of ammonium metavanadate at the beginning of the month has lowered to CNY 93,000-95,000/t, Although the loss is serious, the manufacturer will not immediately stop production. They still produce under pressure, and there is not much change in output. The output of ammonium metavanadate is still too limited, the manufacturer is not willing to sell at low prices.
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