www.ferroalloynet.com: Summary of transaction prices of vanadium products: vanadium-nitrogen alloy is 133,000-136,000 CNY/Ton (by acceptance), ferrovanadium is 99,000-100,000 CNY/Ton (by acceptance), retail V2O5 flake is 85,000 CNY/Ton in cash, and ammonium metavanadate is 81,000 CNY/Ton in cash.
The transaction of vanadium-nitrogen alloys continues to run stably. Traders have quoted a price of 129,000-130,000 yuan/ton by cash. But it is difficult to find goods at that price. Vanadium-nitrogen factories continue to wait and see the market for actual orders before negotiating low-priced orders. The market quotations are few and the spot supply is still tight. Ferrovanadium transactions have not improved yet, and market activity is low. Retail V2O5 flake continue to be in a stalemate at 85,000 yuan/ton by cash, and some downstream factories’ inquiries have pushed the price to 84,000/ton by cash, which is temporarily difficult to find. The downstream purchase of ammonium metavanadate is expected to drop to less than 81,000/ton by cash, but ammonium metavanadate plants are still reluctant to sell at low prices, and the quotation is temporarily firm at around 81,000/ton by cash.
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