www.ferroalloynet.com: This week, vanadium alloy inquiries are slack, and overall trading slows down. Most vanadium enterprises offer relatively uniform prices. The price of ammonium metavanadate is CNY 95,000-100,000/t, the price of flake vanadium is CNY 9,8000/t, the price of vanadium-nitrogen alloy is CNY 152,000-153,000/t, and the price of ferrovanadium is CNY 10,3000-10,5000 /t. Some manufacturers and traders think the market price will drop next week, so their offers decline slightly. The offers of vanadium-nitrogen alloy are reduced to CNY 150,000/t, and the transaction volume is still limited.
In terms of upstream raw materials, in bulk market, the price of V2O5 flake is CNY 98,000 / t by cash, with more sales and less purchase. Some vanadium-nitrogen alloy plants have inquired for goods at low price, and the price of low-priced sources is CNY 96,000-97,000 /t by cash. There are a few transactions, but the manufacturers still feel difficult to purchase. The vanadium market price is stable due to the limited trading volumes, and there seems to be a slight drop in the offer of V2O5 flake and vanadium-nitrogen alloy prices.
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