Ammonium metavanadate is trading on high end

Date: Aug 22, 2018

www.ferroalloynet.com: Ammonium metavanadate is trading mainly in a range of 243000-252000 rmb/ton (cash, tax inclusive) but most transactions are made at about 250000 rmb/ton. The low-end prices are not appealing to most sellers.

Compared with vanadium pentoxide flake and vanadium-nitrogen, ammonium metavanadate supplies are relatively not so tight. Many manufacturers still have the inventories, despite the prices are high. Whereas, the procurement is still difficult at the price of 255000 rmb/ton. Thus, ammonium metavanadate market remains stable.

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