Buyers dominate Chinese vanadium market

Date: Nov 28, 2018 Chinese vanadium market keeps dipping and the buyers dominate the market. Vanadium-nitrogen prices fall to 600000 rmb/ton by cash with tax, ferrovanadium 50$ drop to 400000 rmb/ton, and the offers of vanadium pentoxixde flake sit in a range of 460000-480000 rmb/ton. However, there are few transactions. Ammonium metavanadate offers sit below 300000 rmb/ton without tax or below 370000 rmb/ton with tax. The whole vanadium market sees prices but few transactions, so it is seen bearish.

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