Vanadium Market Weekly Overview (Apr.17-Apr.21) Price of Vanadium Upward Trend Has Slowed Down

  • Friday, April 21, 2017
  • Source:ferro-alloys.com

  • Keywords:Vanadium price, piece of vanadium, vanadium powder, ammonium metavanadate, ferrovanadium and vanadium-nitrogen alloy
[Fellow][ferro-alloys.com] Since April, price of Vanadium rises all the way, price of Vanadium product in China continues to rise this week, but the upward trend has slowed down to a certain extent.

[ferro-alloys.com] Since April, price of Vanadium rises all the way, price of Vanadium product in China continues to rise this week, but the upward trend has slowed down to a certain extent. 

Market performs relatively active in piece of vanadium, vanadium powder, ammonium metavanadate, ferrovanadium and vanadium-nitrogen alloy, demand for raw material of piece of vanadium, vanadium powder, ammonium metavanadate is relatively morel; the downstream Shandong Steel, Bao Steel, Hebei Steel enters the market to purchase ferrovanadium and vanadium-nitrogen alloy.

Since April, price of piece of vanadium 98%continues to rise stably, currently its main acceptance price is RMB 92,000 to RMB 94,000/mt; price of vanadium powder 98% metallurgy continues to rise stably, currently its main acceptance price is RMB 91,000 to RMB 93,000/mt; price of ammonium metavanadate 98% continues to rise stably, currently its main acceptance price is RMB 88,000 to RMB 90,000/mt; rise range of vanadium-nitrogen alloy is larger, its main acceptance price of large plant is RMB 147,000 to RMB 151,000/mt, and middle and small enterprises mostly quote at RMB 150,000/mt; rise of price of ferro-vanadium lags behind other vanadium products, and its rise rate is rapid recently, currently, its main acceptance price is RMB 98,000 to RMB 10,000/mt, and main offer of cash including VAT rages from RMB 97,000 to RMB 99,000/mt. 

  • [Editor:Wang Linyan]

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