Recently, trading liveness in Vanadium market lowers in China, overall performance in Vanadium market tends to be insipid. Under the condition of prudent emotion in buyer market increases, activities of most producers of platy vanadium pent oxide have increased, and selling willness of the downstream traders holding vanadium alloy has increased, however, raw material purchasing and short covering is difficult, so the traders are more prudent to sell out, and the conclusion of price at a higher level is in stalemate.

Fluctuation in price of vanadium-nitrogen alloy is relatively large, bid inviting price of 60 tons vanadium-nitrogen alloy of Anhui Changjiang Steel of May is RMB 148,000/mt, acceptance including VAT; bid inviting price of 10 tons vanadium-nitrogen alloy of Xiangtan Iron & Steel of May is RMB 147,000/mt, acceptance including VAT, which has fallen below RMB 150,000/tons, and main offer including VAT of vanadium-nitrogen alloy in the market is at RMB 147,000 to 153,000/mt for now.

Price of Ferrovanadium is relatively stable, bid inviting price of 20 tons ferro-vanadium of Xiangtan Iron & Steel of May is at RMB 99,000/mt, acceptance including VAT; bid inviting price of 200 tons ferro-vanadium of Dongbei Special Steel of May is RMB 985,000, acceptance including VAT, and main offer including VAT of ferro-vanadium 50% is at RMB 98,000 to 100,000/mt.

Prices of International ferro-vanadium and vanadium-nitrogen alloy keep the same level, currently, price of European ferro-vanadium ≥78% is 27.2-28.0 USD/kg vanadium and price of vanadium pent oxide 98% is 5.95-6.4 USD/pound vanadium oxide. 

• [Editor:Wang Linyan]