[Ferro-Alloys.com]Chinese vanadium pent oxide was offered at RMB69,000-70,000/mt (USD11,311-11,475/mt, export duty excluded) by acceptance. The operation rate and inventory of suppliers were too low, so the entire supply in the market was limited. Most vanadium pent oxide suppliers firmed their offers, unwilling to sell low-priced materials.

Chinese vanadium nitrogen alloy was offered at RMB116,000-117,000/mt (USD19,016-19,180/mt, export duty excluded) by acceptance. Most suppliers couldn’t earn profit as downstream steel mills pressed tender price. The transaction volume was not much, as sellers and buyers were watchful.

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• [Editor:Mango]