Price of Vanadium Pent Oxide is at a higher level that conclusion of business begins to show weak. There is less demand from downstream, whose demand for Vanadium Pent Oxide slows down. Most of enterprises also dare not to buy goods for stock at a high-level price, and purchase that on demand. Today, the offer of manufacturer is still RMB 8,6000/Ton (ex-works price including tax). Recently, supplement is got to stock for alloy factory in succession and the activity of inquiry has slightly decreased. 

• [Editor:Wang Linyan]