[ferro-alloys.com] At the beginning of the week, a small fluctuation shows in stable vanadium market mainly, raw material Platy Vanadium Pent Oxide is quoted firmly, other vanadium products appear in loose phenomenon at a high position, the former bid inviting of steel mill is finished and requirement in market lowers for now, and the emotion of prudent waiting and seeing emotion in vanadium market is strong.

Because source of 98% Platy Vanadium Pent Oxide is in shortage, emotion of traders holding goods is reluctant to sell out and persisting in price is relatively strong. Offer of Platy Vanadium Pent Oxide 98% maintains at RMB 96,000/mt, acceptance including VAT. Offer of Ferro-vanadium is stale, and its offer including VAT is at RMB 98,000 to 100,000/mt; offer of Vanadium Nitrogen Alloy slightly dropped, and its offer including VAT is at 147,000 to 153,000/mt.

Price of International Platy Vanadium Pent Oxide rose, and price of international Ferro-vanadium kept the same, price of European Ferro-vanadium is RMB27.2-28.0 USD/kg Vanadium, and price of Platy Vanadium Pent Oxide 98% is 5.95-6.4（+0.2）is USD/pound vanadium oxygen.

Because prices of Platy Vanadium Pent Oxide are firm at home and abroad, it is expected that Vanadium market will maintain stable mainly, prices of the rest Vanadium products will have a limited fall.     

• [Editor:Wang Linyan]