As of December 21, the ammonium metavanadate market is running stable and strong, with prices rising 0.42% from yesterday, 0.42% from last week, 4.37% from the end of last month, and 0.42% from the beginning of the year.

Demand: near the end of the year, by the year before the impact of stockpiling, the release of downstream market demand is expected to be better, the raw material market is difficult to find low prices, giving strong support to the downstream alloy market.

Import and export: follow up customs statistics show that in November 2022 imported 819.189 tons of ammonium metavanadate, a decrease of 32.48% year-on-year, an increase of 4.14%; November 2022 exported 2796.493 tons of ammonium metavanadate, a decrease of 23.46% year-on-year, a decrease of 9.26%.

Market forecast: the current raw material market resources are still tight, supported by the price of vanadium flake, ammonium metavanadate manufacturers low price shipments will not be high.