[ferro-alloys.com] In April, supply of vanadium products is relatively tense affected by environmental protection and reduction of production and increase of demand in international market, and prices of different vanadium products all rose to a larger extent. After return to the market after the Labor Day, vanadium market shows stable in a whole, and prices of vanadium products do not have much difference compared to prices before the Labor Day.

Price of bid inviting of Ferro-vanadium of Taiyuan Iron & Steel of May has risen 10.6% compared to its price of April. Bid inviting price of vanadium-nitrogen alloy has an obvious rise compared to its bid inviting price of April; but the price has already dropped compared to the high bid inviting price of May in recent days; bid inviting price of vanadium-nitrogen alloy of Hebei Iron and Steel in May is RMB 153,000, acceptance including VAT, amount of 220 tons; bid inviting price of vanadium-nitrogen alloy of ZENITH Steel is RMB 151,000, acceptance including VAT, amount of 165 tons. Bid inviting price of steel mill has a direct guide to the vanadium market, and most vanadium enterprises give stable offers and offers of some vanadium-nitrogen alloy enterprises have dropped compared to last week.

Rate of operation and output of market in April have increased in a whole compared to March; but stocks of vanadium pentoxide and ferrovanadium in April have decreased compared to last month. Source of raw material piece of vanadium in May is still tense in May, it is expected that price of vanadium is still has a rise space.    

• [Editor:Wang Linyan]