Vanadium Weekly Review (Jan. 14-18, 2019): Trading in Vanadium Market is Active

Date: Jan 18, 2019 The price of vanadium products has risen slightly this week. The overall supply of vanadium in the market is tight. Steel mills start to stock up, and the trading in vanadium market is active. The price of ammonium metavanadate is stable at 220,000 yuan/ton by cash, price of V2O5 flake is between 210,000yuan/ton and 230,000 yuan/ton by cash, V2O5 powder price is between 220,000yuan/ton and 230,000yuan/ton by cash, ferrovanadium is around 240,000-250,000yuan/ton, and vanadium nitrogen alloy is around 330,000-350,000yuan/ton.The latest quotation of vanadium-nitrogen alloy is not less than 340,000 yuan/ton. The latest bidding price of vanadium-nitrogen alloy in Nangang is 345,000 yuan/ton by acceptance with tax, which breaks the deadlock of controlling the quotation of vanadium-nitrogen alloy at 330,000 yuan/ton, and the price rises strongly. Vanadium Bidding Price from Steels in January

China vanadium market overview

 Ammonium metavanadateThis week, the price of ammonium metavanadate is relatively stable as a whole, with the mainstream transaction price ranging from 210,000yuan/ton to 220,000 yuan/ ton by cash. The shortage of V2O5 flake resources drives the market of ammonium metavanadate. For example, both Shaanxi Huayuan and Hunan Chuangda are out of stock. Dalian Dongtai is temporarily with no quotations, and there are many alloys plants purchasing ammonium metavanadate with high enthusiasm.

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