Vanadium Market Has A Stable Stalemate With Slack Transactions Today, the price of vanadium market is relatively stable. The price of ammonium metavanadate is 92500-95000 yuan / ton with tax by cash, V2O5 flake 92500-93000 yuan / ton, vanadium nitrogen alloy 141000-142000 yuan / ton, and FEV50 97000-98000 yuan / ton. There are not many enquiries for V2O5 flakes, and the manufacturers’ intended purchase price is reduced to 92000-92500 yuan / ton by cash. As the terminal demand of chemical enterprises is still insufficient, the purchasing enthusiasm of ammonium metavanadate has not been improved, and it is not willing to purchase at a high price. The overall transactions of alloy end is not good, and the transactions are relatively rigid.

The vanadium market is in a stable stalemate, and the demand for ferroniobium is also under pressure. At present, the price of ferroniobium in Brazil is mostly quoted at 193000-196000 yuan / ton with tax by cash. According to some traders, the recent transaction is relatively flat, and the terminal demand is significantly weaker than last month. The price of ferroniobium in Brazil is about 3000-5000 yuan / ton lower than last month.