www.ferroalloynet.com: Today’s domestic quotation of vanadium products: ammonium metavanadate98% is 101,000-1103,000 CNY/Ton; V2O5 flake is 109,000-110,000 CNY/Ton’ ferrovanadium50 is 115,000-120,000 CNY/Ton; VN alloy is 168,000-172,000 CNY/Ton; and all prices are cash inclusive of tax.
In terms of raw materials, ammonium metavanadate is seldom quoted by companies, and some manufacturers mainly supply old customers, and the shipping price is adjusted upward along with the market. At present, the transaction price of ammonium metavanadate98% is around 100,000-102,000 CNY/Ton in cash. The vanadium manufacturer has not yet started to sign orders. The retail quotations are strong at 109,000-110,000 CNY/Ton in cash, and the actual transaction is 107,500-108,800 CNY/Ton in cash. Most alloy plants indicated that the vanadium cash price of 110,000 CNY/Ton is slightly higher, and the purchasing intention is slightly hesitant.
In terms of alloys, the bidding price of VN alloy steel was raised to 167,000-172,000 CNY/Ton including acceptance tax, and the manufacturer’s quotation was 168,000–172,000 CNY/Ton in cash, and the low price was raised by 3,000 CNY/Ton from last Friday; Ferrovanadium manufacturers’ offer is 118,000-120,000 CNY/Ton in cash, and the bid acceptance of steel is 114,119,000 CNY/Ton including tax. The scattered transaction prices in the market are on the high side, not lower than the cash 118,000 CNY/Ton.
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