[ferro-alloys.com] The entire behavior of Vanadium market shows relatively mild and still keep in stalemate and gambling situation, and its fluctuation of concluded price is not large; purchasing of steel mill decreases compared to the earlier stage. Although inquiry activities in the market increases to a certain extent, the price of inquiry of purchasing mostly is lowered; but factories and traders consider the high cost of raw material and most of them are not willing to sell the goods at a lower price and the actual conclusions is less.

Because the price of calling for bids of vanadium-nitrogen alloy of steel mill continues to be at a lower position, vanadium nitrogen alloy enterprise forms a upside down situation. Many factories and traders are not willing to sell the goods at a too low price, and part vanadium-nitrogen alloy price has already shut down the furnace and protect the furnace.   

Currently, offers of Vanadium products are stable. Main acceptance offer of Vanadium Pent Oxide (98% piece of vanadium) ranges from RMB 83,000 to RMB 85,000/MT; main acceptance offer of power vanadium 98% ranges from RMB 82,000 to RMB 84,000/MT; main acceptance offer of power vanadium 99% ranges from RMB 85,000 to RMB 87,000/MT; main acceptance offer of Ferro Vanadium 50% ranges from RMB 90,000 to RMB 91,000/MT; main acceptance offer of vanadium-nitrogen alloy (VN16) ranges from RMB 128,000 to RMB 132,000/MT; main acceptance offer of Ammonium Metavanadate 98% ranges from RMB 78,000 to RMB 79,000/MT; main ready cash including VAT offer of V45N10 Vanadium Nitride Iron ranges from RMB 89,000 to RMB 90,000/MT; main ready cash including VAT offer of Vanadium-Aluminium Alloy ranges from RMB 100,000 to RMB 101,000/MT (50 basic price).

• [Editor:Wang Linyan]