This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Vanadium Market Update (October 17, 2012)

Chinese vanadium pentoxide (V2O5) 98 percent is trading unchanged in October compared to its September average, according to data from Metal-Pages. So far, the average price for October has been between 63,000 and 65,000 yuan per metric ton (US$10,002.05 to $10,320.10), compared with the September average of 63,000 to 65,000 yuan per metric ton. Prices for both months are still well below the 77,000 yuan ($12,225.30) level seen in April and the 82,000 yuan ($13,019.20) level seen in October 2011.

Vanadium pentoxide fused-flake 98 percent minimum in Europe is trading below its September average. For October it has averaged about $5 to $5.25 a pound. In September, it averaged $5.26 to $5.38 a pound. Prices are still significantly below the $6.75 a pound level seen in October 2011.

Chinese vanadium pentoxide flake prices have fallen to their lowest level since 2006 owing to sluggish downstream demand, sources told Metal-Pages. One source said his company has not sold vanadium pentoxide flake 98 percent grade below 63,000 yuan a ton, which is lower than production costs.

Company news

Australia-based Atlantic (ASX: ATI) is considering adding vanadium trioxide and vanadium pentoxide to its production mix, AMM  reported. Producing vanadium trioxide would require "minor capital and regulatory approvals" and vanadium pentoxide production would require a "moderate capital investment," the company states. Atlantic started producing ferrovanadium earlier this year from its Windimurra mine, located about 600 kilometers north of Perth.

Vanadium pentoxide (V2O5) is used in vanadium-flow batteries, which employ V2O5 and are essentially large, liquid-filled tanks used to store energy for power grids. Vanadium trioxide (V2O3) is a high-purity product used in a variety of applications, including chemical and environmental catalysts, gas processing, coloring compounds, batteries, dye fixants and vitamins.


Securities Disclosure: I, Karan Kumar, hold no direct investment interest in any company mentioned in this article.

Vanadium Market Update (October 17, 2012) from Vanadium Investing News


Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs