[ferro-alloys.com] Under the support of strong price of raw material Piece of Vanadium, production cost of ferro-vanadium and vanadium-nitrogen alloy is high, so the offer of downstream vanadium product is comparatively firm; there are some vanadium products enterprises lower their offers, and lower their offers slightly. Currently, most traders are waiting and seeing in the market, and selling goods emotion in the raw material market is not high.

Currently, vanadium pentoxide  Piece of vanadium 98% is still relatively tense, and the emotion of being reluctant to sell goods is relatively strong, and the concluded price of Piece of vanadium 98% in the market recently is RMB 96,000/mt (acceptance including VAT) and there is no batch delivery. There is no inventory of Piece of vanadium in Jianlong Vanadium Industry for the time being; Liaoning Hongjing has raw material, but they do not have spot goods, affected by environment protection and their output is small; CITIC Jinzhou Metal is also reluctant to sell goods, and price of piece of vanadium 98% is relatively stable, and goods supply for selling outside is not much in Panzhihua Area and there are some part orders of old customers.

Vanadium-nitrogen Alloy: mainly quoted at RMB 152,000 to 154,000/MT, acceptance including VAT and minority traders  give offers at RMB 155,000 to 156,000/MT; however, the actual conclusion slightly drop to RMB 150,000 to 153,000/MT, and the ready cash is at RMB 148,000 to 150,000/MT.

50 Ferro-vanadium: the reference offer of Ferro-vanadium 50% is RMB 100,000 to 102,000/mt (acceptance including VAT) and RMB 98,000 to 100,000/mt (ready cash), the concluded reference acceptance RMB 100,000 to RMB 101,000/MT and ready cash 98,000 to RMB 99,000/MT, and there is minority low-price inventory resource is at RMB 96,000 to 97,000/mt (cash including VAT).   

Piece of Vanadium: main offer of Piece of vanadium 98% is at RMB 96,000 (acceptance including VAT) and ready cash RMB 95,000 and the real concluded price is at RMB 95,000 to 96,000/MT (acceptance), and cash is at around RMB 94,000. Because the source of vanadium slag is scarce, resulting in the whole rate of operation of the plants and their outputs are restricted, and under the support of tense supply, the price is difficult to drop for the time being.  

Vanadium powder: currently, main price of metallurgy level 98% vanadium powder temporarily maintains at RMB 93,000 to 94,000/MT; main price of  Chemical level Vanadium powder 98% is at RMB 95,000 to 96,000/MT; main price of Vanadium powder 99% is at RMB 97,000 to 99,000/MT; price excluding VAT of Ammonium Metavanadate 98% is at RMB 81,000 to 82,000/MT

• [Editor:Wang Linyan]