www.ferroalloynet.com: The vanadium market has been falling recently, and the prices of various vanadium products have been falling. Among them, the transaction prices of vanadium-nitrogen alloy and V2O5 flake were the first to fall, and then the price of ammonium metavanadate was lowered simultaneously. However, relatively speaking, the decline of ammonium metavanadate was slow. On the one hand, ammonium metavanadate manufacturers are reluctant to sell at low prices; on the other hand, the decline is rapid, the procurement of downstream alloy factories and chemical companies has slowed down, there are few real order inquiries, and the transactions are limited. The current guidance price of ammonium metavanadate98% is 89,000-90,000 CNY/Ton (cash with tax). This low-priced resource is relatively scarce. Today, FerroAlloyNet has counted several ammonium metavanadate manufacturers in Zhejiang, Fujian, Shandong, Gansu, Hebei, and Liaoning (as shown in the table below). Most of the companies stated that their current production is stable and they will not quote prices for the time being, waiting for the market to stabilize slightly before making shipment plans.
For more information, please visit: https://www.ferroalloynet.com/analysis/the_market_continues_to_fall_and_ammonium_metavanadate_manufacturers_are_temporarily_not_quoting_pri.html
