Vanadium Market Quotation Is Still Up

Date: Jan 23, 2019 Stimulated by short-term demand, the price of vanadium series upstream and downstream products has been continuously exploring to high level. At present, the highest price of ammonium metavanadate is 230,000 yuan/ton, the highest price of 98# metallurgical vanadium pentoxide powder is 240,000 yuan/ton, and the price of vanadium pentoxide flake is about 230,000-240,000 yuan/ton from both small factories and bulk cargos, besides large producers. The price of ferrovanadium is pushed up passively by the price of vanadium pentoxide flake. At present, the price of ferrovanadium is between 240,000 yuan per ton and 250,000 yuan per ton. The spot price of vanadium-nitrogen alloy is not less than 340,000 yuan per ton in cash with tax.

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