www.ferroalloynet.com: This week, there are very few inquiries in vanadium market. On Tuesday, the latest long-term agreement price was adjusted by large V2O5 flake factories, and the problems that the market paid more attention to were finally clear. However, before the pricing of large factories, the transaction price of retail V2O5 flake was lower than the price quoted by large factories. To a certain extent, the willingness of downstream enterprises to accept the latest quotation of large factories was low. In addition to the direct supply from manufacturers, the market activity of ferrovanadium was very low this week. VN alloy price has been showing a slow decline trend. When the sales price of the products is unstable, the willingness of alloy factories to purchase raw materials will also decrease. In addition, the prices of large factories are indeed higher than the retail prices. Therefore, only some orders are signed by large factories on the day of pricing and the second day, and then they enter the bottleneck. The downstream companies have insufficient confidence in stabilizing the vanadium market, and still press down the purchasing price of raw materials, and then make room for alloy sales price, so this week the vanadium market upstream and downstream in the continuous downturn in the operation. In addition, the price of large factories is indeed higher than that of retail suppliers. Therefore, only some orders are signed by large factories on the same day and the second day, and then they enter into a bottleneck. The downstream has insufficient confidence in large factories to stabilize the vanadium market , still lower the price of raw materials, and then make room for alloy prices, so the upstream and downstream market prices continued to decline this week.
| Ammonium vanadate | Spec. | Price on 14 Sep | Price on 18 Sep | Change | Basis(Yuan/ton) |
| AMV flake 98% | 95000-97000 | 93000-95000 | ↓ 2000 | Cash with tax | |
| APV flake 98% | 95000-96000 | 93000-94000 | ↓ 2000 | Cash with tax | |
|
V2O5
|
V2O5 flake 98% | 107000 | 100000 | ↓ 7000 | Tranvic, Desheng, Acceptance with tax |
| V2O5 flake 98% | 107000 | 100000 | ↓ 7000 | Jianlong, Acceptance with tax | |
| V2O5 flake 98% | 99000-100000 | 96000-97000 | ↓ 3000 | Small/medium sized factories/bulk cargo | |
| V2O5 powder 98%(metallurgical) | 99000-100000 | 96000-97000 | ↓ 3000 | Cash with tax | |
| V2O5 powder 98%(chemical) | 103000-106000 | 102000-103000 | ↓ 2000 | Cash with tax | |
| V2O5 powder 99%(chemical) | 118000-122000 | 118000-120000 | ↓ 1000 | Acceptance with tax | |
| V2O5 powder 99.5% | 130000-132000 | 130000-132000 | — | Cash with tax | |
| European V2O5 98% | 5.1-5.6(11 Sep) | 5.1-5.6(16 Sep) | — | USD/LB V2O5 | |
|
FeV
|
FeV50 | 104000-105000 | 102000-103000 | ↓ 2000 | Cash with tax |
| FeV50 | 110000 | 108000 | ↓ 2000 | Pangang, Acceptance with tax | |
| FeV80 | 166400-168000 | 163200-164800 | ↓ 3200 | Cash with tax | |
| European FeV70-80% | 24.45-25.65(11 Sep) | 24.45-25.4(16 Sep) | ↓0.125 | USD/kgV | |
|
VN alloy
|
V77N16 | 156000-157000 | 153000-154000 | ↓ 3000 | Cash with tax |
| V77N16 | 166000 | 159000 | ↓ 7000 | Pangang, Acceptance with tax | |
|
Ferrovanadium nitride |
FeV45N10 | 108000-109000 | 105000-106000 | ↓ 3000 | Acceptance with tax |
| FeV55N11 | 128000-130000 | 125000-127000 | ↓ 3000 | Acceptance with tax |
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