[ferro-alloys.com] Under the background of sharp drop of international vanadium price and trading sideways at a higher level in China, companies holding vanadium raw materials insisting their prices in China, and price of vanadium alloys dropped slightly and vanadium market is tending downwards. 

Vanadium-nitrogen alloy is mainly quoted at RMB 148,000 to 150,000/MT, acceptance including VAT and RMB 146,000 to 148,000/MT, ready cash including VAT, and the concluded price fell back to RMB 147,000 to 149,000/MT, acceptance including VAT and RMB 145,000 to 147,000/MT, ready cash including VAT. Ferro-vanadium 50% is mainly quoted at RMB 99,000 to 100,000/MT, acceptance including VAT and RMB 97,000 to 99,000/MT, ready cash including VAT, and the concluded price fell back to RMB 98,000 to 100,000/MT, acceptance including VAT and RMB 96,000 to 98,000/MT, ready cash including VAT. Platy Vanadium Pent Oxide 98% is mainly quoted at RMB 96,000 acceptance including VAT and RMB 95,000, ready cash including VAT, and the concluded price was at RMB 95,000 to 96,000/MT, acceptance including VAT and RMB 94,000/MT, ready cash including VAT. Price including VAT of metallurgy level powder vanadium Pent Oxide 98% is at RMB 92,000 to 94,000/MT; price including VAT of ammonium metavanadate 98% is at RMB 90,000 to 92,000/MT, and its price excluding VAT is at RMB 80,000 to 82,000/MT. Nitrided Ferro-vanadium V45N10 is mainly quoted at RMB 100,000/mt, price including VAT. Offers of Vanadium-aluminium Alloy appear in regional feature, offer in Jinzhou District is at RMB 116,000/MT (50 basic price), offer including VAT in Shaanxi District is at RMB 140,000/MT, offer of new coming product AlV55 reaches to RMB 150,000/MT.

Under the persistence of environment protection and production restriction, source of vanadium materials is still tenser, there is still much demand for platy vanadium pent oxide in vanadium market, it is expected that vanadium market will still maintain trade sideways at a higher level in China and drop fluctuation of prices of vanadium products will be limited.

• [Editor:Wang Linyan]