www.ferroalloynet.com:Today’s domestic vanadium product quotation summary: metallurgical ammonium metavanadate98% of 106,000-107,000 CNY/Ton, V2O5 flake of 113,500-114,000 CNY/Ton, ferrovanadium50 of 118,000 CNY/Ton, VN alloy of 170,000-,172,000 CNY/Ton, all cash price including tax.
There is no difference between today’s domestic vanadium product quotation than before the holiday, and the market stopped business in short-term on the Labour Day. After the holiday, upstream and downstream vanadium enterprises’ wait-and-see mentality is strong. The raw material market price is not high or low, and the alloy market is slightly weak. Vanadium factory prices in May, and retail V2O5 flake transaction reduced at high price, which is gradually flat with large factory prices, and ammonium metavanadate price maintain stable. Some VN alloy manufacturers said that the quotation price is in cash 170,000 CNY/Ton, and there was still difficult to deal. Steel bidding price is 172,000-174,000 CNY/Ton acceptance including tax, and traders’ operating space is limited, and inquiry activity is not high. Bulk ferrovanadium continues to be weak, and in Jinzhou manufacturers offer high, and transaction is difficult. Traders offer is in cash 118,000-119,000 CNY/Ton, and transaction price is mostly low.
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