Vanadium Pentoxide (V2O5 Flake) Price on Oct 26, 2026: Grade 0.98 Quotes, Settlement Terms and Buying Checks

China's vanadium pentoxide flake market was steady on Oct 26, 2026. The 0.98 grade traded and was offered at three separate levels, split by seller type and by settlement method, and all three levels were unchanged on the day. This update reproduces the assessment line by line in RMB 10,000 per metric ton, so a buyer can see exactly where each channel sits before starting a negotiation.

Current Vanadium Pentoxide Flake Price

Table 1. China vanadium pentoxide flake, grade 0.98, price summary for Oct 26, 2026

Unit: RMB 10,000 per metric ton. All values tax inclusive. A double dash (--) in a price column means the value is unchanged from the previous assessment.

Seller type	Grade	Transaction	Mainstream quote	Settlement basis	Origin
Major producer	0.98	7.35 (--)	7.35 (--)	Acceptance bill, tax inclusive	Not stated
Major producer	0.98	7.20 (--)	7.20 (--)	Cash, tax inclusive	Not stated
Small traders	0.98	7.05 (--)	7.05-7.10 (--)	Cash, tax inclusive	Sichuan, Henan, Liaoning

Note on the table: the unit is RMB 10,000 per metric ton, so 7.35 equals RMB 73,500 per metric ton, 7.20 equals RMB 72,000 per metric ton, 7.05 equals RMB 70,500 per metric ton and 7.10 equals RMB 71,000 per metric ton. Every figure is a tax-inclusive price. The two major-producer lines carry the same grade but different settlement instruments: the first is quoted on an acceptance bill basis, the second on a cash basis. The small-trader line is quoted on a cash basis and is the only line for which the source table lists origins, namely Sichuan, Henan and Liaoning; no origin is stated for the two major-producer lines.

The structure of the table matters as much as the numbers. For the same grade 0.98 material there are effectively two price axes. The first axis separates major producers from small traders. The second axis separates acceptance-bill settlement from cash settlement within the major-producer tier. Because the table is published as a single assessment date, a transaction value and a mainstream quote are given for every line, and on this date the transaction and the quote coincide on both major-producer lines exactly, while the small-trader line shows a transaction of 7.05 against a mainstream quote range of 7.05 to 7.10.

Vanadium Pentoxide Price Trend vs Previous

This release records no change on any of the three lines. The transaction value, the mainstream quote, and the direction marker for the major-producer acceptance-bill line are all unchanged. The same is true of the major-producer cash line. The small-trader line is likewise unchanged at a transaction of 7.05 with a quote range of 7.05 to 7.10.

That is the entire trend content of the Oct 26, 2026 table, and it is worth stating plainly. The assessment carries no prior-period figure and no percentage change, so no comparison against an earlier date is made in this article. Readers who need a historical series should read the previous assessments directly rather than infer one from a single day. What can be confirmed from this table alone is that the three quoted levels held, and that the relationships between them held as well: the acceptance-bill line at 7.35 sits 0.15 above the cash line at 7.20 for the same seller tier, which is RMB 1,500 per metric ton, and the cash major-producer line sits 0.15 above the small-trader transaction at 7.05, also RMB 1,500 per metric ton. Both gaps are arithmetic on the published table, not a forecast of where the market goes next.

Grade and Market Context

The designation 0.98 identifies the V2O5 grade quoted on every line. In vanadium flake trade the grade is carried as a decimal fraction of V2O5 content, so 0.98 corresponds to 98% V2O5 flake. That is the merchant grade that moves between oxide producers, converters and consumers, and it is the reference grade against which flake lots are checked on arrival. Full specification detail for this grade sits on the V2O5 flake 98% product page.

The supply side in this table is organised in two channels. The major-producer channel appears twice, once on an acceptance bill basis and once on a cash basis, which tells a buyer that large sellers are settling at par in both instruments on this date rather than posting a single number. The small-trader channel sits below both and covers material from Sichuan, Henan and Liaoning. In practical terms, the three lines describe one product and three transaction routes, not three different qualities: the grade is 0.98 throughout, and the differences in the table come from who sells and how payment is made.

Where the table is silent, this article stays silent. It carries no volume figures, no inventory numbers, no capacity or utilisation data and no sentiment reading, because the assessment does not publish them. What a buyer can take from the grade and channel detail is narrower but solid: the same 98% material is available through a major-producer route that prices acceptance bills and cash separately, and through a small-trader route concentrated in three provinces, and on Oct 26, 2026 those routes were priced 0.30 apart end to end, from 7.05 to 7.35, or RMB 70,500 to RMB 73,500 per metric ton.

V2O5 Flake vs Ferrovanadium: What the Difference Means for a Buyer

Flake and ferrovanadium are often quoted in the same conversation, but they are two different purchases. The table below sets out the comparison on the dimensions that decide which one a buyer orders. Prices are given only for the product that appears in this release; the ferrovanadium column is deliberately left without a number, because the Oct 26, 2026 table does not quote ferrovanadium.

Read across the two columns and the buying logic is straightforward. Ferrovanadium is the finished alloying addition, so its appeal is a single step at the furnace and a vanadium content matched to the steel grade. Flake is the upstream oxide, so its appeal is flexibility: it can be converted into ferrovanadium, into vanadium nitride or into V2O3, and it can be sold on as oxide. The cost of that flexibility is an extra conversion step before the material reaches a heat. For a buyer who already operates conversion capacity, flake is the natural input; for a buyer who does not, the alloy is. The broader vanadium pentoxide flake product range shows the forms and packing options that sit around the 0.98 grade.

What Buyers Should Check Before Ordering Vanadium Pentoxide Flake

1. Confirm the grade basis against the certificate, not the enquiry. A 0.98 quote refers to 98% V2O5 flake, and the lot certificate should show the assay for the consignment actually shipping. 2. Fix the settlement instrument before agreeing a number. In this table the same major-producer grade is quoted at 7.35 on an acceptance bill basis and 7.20 on a cash basis, so the payment instrument is worth 0.15, or RMB 1,500 per metric ton, and it has to be part of the negotiated position. 3. Agree whether the reference is the transaction value or the mainstream quote. The two coincide on the major-producer lines on this date but diverge on the small-trader line, where the transaction is 7.05 and the quote range runs to 7.10. 4. Confirm the origin where origin matters to your process. The source table lists Sichuan, Henan and Liaoning for the small-trader line only. 5. Confirm the quantity basis and the unit. All figures here are per metric ton of flake and tax inclusive; a quote expressed on any other basis is not comparable without conversion. 6. Timestamp the reference. A price assessment is a snapshot of one date; the figures in this article are the Oct 26, 2026 assessment and should be re-checked against the latest available release before a contract is fixed. Current listings for vanadium pentoxide flake are kept alongside the product specification pages.

FAQ

Should I buy vanadium pentoxide flake or ferrovanadium?

It depends on whether you can convert. Ferrovanadium is the finished alloying addition and goes straight into the furnace under a specified alloy grade, so it suits buyers without conversion capacity. V2O5 flake is the upstream oxide and must be converted into ferrovanadium, vanadium nitride or V2O3 before steelmaking use, so it suits buyers who already run that conversion step or who need the flexibility to switch between end products. The two are not interchangeable at the furnace door.

Do the major-producer and small-trader lines quote the same product?

Yes. All three lines in the Oct 26, 2026 table carry grade 0.98, which is 98% V2O5 flake. What differs is the seller type and the terms: two lines are major-producer quotes split by settlement instrument, and one line covers small traders on a cash basis with origins stated as Sichuan, Henan and Liaoning. Buyers should treat the table as three transaction routes for one grade rather than three grades.

How large is the gap between acceptance-bill and cash prices?

For the major-producer tier on Oct 26, 2026 the acceptance-bill line was quoted at 7.35 and the cash line at 7.20, both tax inclusive on the same grade, so the gap was 0.15 in RMB 10,000 per metric ton, which is RMB 1,500 per metric ton. That gap is a settlement difference rather than a separate market level, and it should be resolved explicitly when terms are agreed.

What should be confirmed before placing an order?

Confirm the grade assay on the lot certificate, the settlement instrument, whether the reference price is a transaction value or a mainstream quote, the origin when it matters to your process, the unit and tax basis, and the date of the price assessment you are contracting against. Each of these changes the effective number, and all six should be written into the enquiry rather than settled verbally.

Key Takeaways

• The 0.98 V2O5 flake assessment was flat on Oct 26, 2026 across all three quoted lines.
• Major-producer material was quoted at 7.35 on an acceptance bill basis and 7.20 on a cash basis, both tax inclusive and both unchanged.
• Small traders transacted at 7.05 against a mainstream quote of 7.05 to 7.10, cash and tax inclusive, with origins in Sichuan, Henan and Liaoning.
• In RMB per metric ton the three levels correspond to 73,500, 72,000, 70,500 and 71,000 respectively.
• Price alone does not decide the order: grade basis, settlement instrument, reference basis, origin and assessment date each move the effective cost.

Get Your Tailored Quotation

Send your specification, quantity, delivery window and required settlement instrument, and we will quote grade 0.98 vanadium pentoxide flake against your terms. Contact our team directly: WhatsApp: +86 15518824805 or Email: market@zanewmetal.com.

Related Reading

• China vanadium pentoxide flake price update
• What is the current price of vanadium pentoxide
• Ferrovanadium and vanadium pentoxide price update

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