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[ferro-alloys.com] International price of Vanadium dropped last Friday and price of Vanadium in China is tentatively stable.

Delivered Price of European Ferrovanadium ≥78% ,(-0.15)25.75-26.3(-0.2) USD/kg vanadium; price of American Ferrovanadium, 11.85（-0.4）--12.5（-0.25） USD/pound vanadium; price of platy vanadium pent oxide 98%, (-0.55)5.25-5.4 (-0.7) USD/pound vanadium oxide, dropped sharply.

In China, Acceptance price including VAT of vanadium-nitrogen alloy is quoted at RMB 148,000 to 151,000/mt and cash including VAT is mainly quoted at RMB 145,000 to 147,000/mt. Acceptance including VAT of Ferrovanadium 50% is mainly quoted at RMB 100,000 to 101,000/mt, and its cash price is mainly quoted at RMB 97,000 to 99,000/mt. Price including VAT of platy vanadium pentoxide 98% is at RMB 94,000 to 96,000/mt. Chemical level powder vanadium pent oxide 98% is at RMB 94,000 to 96,000/mt. Powder vanadium pentoxide 99% is at 96,000 to 98,000/mt. Price including VAT of Ammonium Metavanadate 98% is mainly quoted at RMB 88,000 to 90,000/mt

Because offer of platy vanadium pentoxide is still firm, cost of production of plants is high, production of vanadium alloy is at the upside-down edge, waiting and seeing emotion in the buyer market is comparatively strong, so the conclusion is weak; it is expected that vanadium market will still be smooth, steady and stalemated this week. 

• [Editor:Wang Linyan]