What is the price of ferrovanadium in China today

The China domestic market for ferrovanadium is currently trading in a steady band, with both major grades showing stable execution and no visible short-term repricing pressure. For FeV50, mainstream transactions are sitting at 8.45-8.55 (CNY 10,000/ton), while mainstream quotations are slightly higher at 8.6-8.7. For FeV80, mainstream transactions are 13.52-13.68, with mainstream quotations at 13.76-13.92. All numbers are commonly discussed on an acceptance, tax-inclusive basis, which is standard in many domestic trading conversations.

Ferrovanadium

FeV

A flat market is not the same as a quiet market. It usually means the market has found a workable clearing range where sellers are willing to offer, buyers are willing to take, and neither side has enough pressure to force a reset.

Two signals stand out here:

1) Transactions are consistently below quotations.
This is a typical "negotiated execution" structure. Quotations represent the offer intention and replacement-cost expectations, while mainstream transactions reflect where volume is actually clearing. When the gap is persistent but not widening, it often indicates balanced sentiment: sellers are defending the idea of value, buyers are still negotiating, and the market clears without forcing offers lower.

2) Both FeV50 and FeV80 are stable at the same time.
When only one grade moves, it can be a product-specific tightness or a temporary restocking wave. When both grades hold steady, it usually points to a broader equilibrium between replacement cost and near-term demand.

The price spread between FeV50 and FeV80 is normal and structural rather than "temporary." FeV80 contains more vanadium units per ton than FeV50, so it delivers the same vanadium addition with less material weight. That affects logistics, dosing routines, and in some plants, process convenience.

If you are comparing these two grades properly, do not compare only "price per ton." Compare cost per effective vanadium unit delivered into your melt practice, adjusted for your addition method and recovery discipline. Depending on how your shop adds alloy and how sensitive you are to dosing consistency, the "best" grade is not always the cheaper one on a per-ton basis.

In a domestic China setting, ferrovanadium (a vanadium ferroalloy, sometimes referred to as an FeV alloy or vanadium iron alloy in trade shorthand) tends to be driven by a few repeating factors. Stability often means those drivers are not pushing hard in any one direction:

• Replacement economics look steady. If production economics and upstream costs are not forcing a reset, sellers can hold their bands.
• Supply appears available enough to meet routine demand. If supply were tight, transaction prices would often press up toward quotation levels more aggressively.
• Buying is schedule-driven. Many steel and alloy users buy on production schedules, not speculation. When procurement is coverage-based, price bands often stay intact until a clear trigger appears.

If you want a practical read on direction without guessing headlines, watch these indicators:

• Does the transaction-to-quotation gap narrow or widen? Narrowing can signal tightening availability or firmer sentiment. Widening can signal softer demand or more supply.
• Do deals cluster at the top or bottom of the transaction band? Clustering near the top is a firm signal; clustering near the bottom can be a soft signal.
• Does supplier willingness to offer prompt tons change? Tightening prompt availability often shows up before prices move.

For buyers, the biggest avoidable losses in ferrovanadium are often execution-related. Even in a flat market, you can improve outcomes by tightening the basics:

Batch-linked COA discipline: keep the lot identity consistent from COA to packing marks and documents.

Sizing and fines control: excessive fines increase handling loss and can create variability in addition behavior.

Document consistency: product description, grade, and lot logic should match across invoice, packing list, and COA.

When these are controlled, your "cost in use" becomes far more stable than the market headline.

Q1: What is the current ferrovanadium price in China domestic trading?
A: Mainstream transactions are FeV50 at 8.45-8.55 and FeV80 at 13.52-13.68 in CNY 10,000/ton, with mainstream quotations at 8.6-8.7 and 13.76-13.92 respectively.

Q2: Why are quotations higher than mainstream transaction prices?
A: Quotations often reflect seller intention and replacement-cost expectations, while transactions show the negotiated clearing level for actual volume.

Q3: Why is FeV80 more expensive than FeV50?
A: FeV80 contains more vanadium units per ton, reducing the material weight needed for the same vanadium addition. Buyers should compare cost per effective vanadium unit, not only price per ton.

Q4: What does "acceptance, tax-inclusive" mean?
A: It indicates the pricing discussion is based on acceptance-type payment terms and includes tax in the quoted framework.

Q5: What should buyers control to reduce disputes?
A: Batch-linked COA, consistent packing marks, clear size range/fines expectations, and document consistency across the shipment set.

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