[ferro-alloys.com] At the beginning of July, vanadium market gradually strengthens in China. Although prices of various products seem no obvious change, emotion of enterprises being reluctant to sell out has increased. Along with gradual reduction of supply of goods at a lower price in the market, the concluded price at a lower price also has being reduced, and part enterprises of vanadium alloys have adjusted the price upward. Supply of platy vanadium pentoxide is still tense, both Chengde Jianlong and TranVIC do not have spot goods and they stop to give offers; enterprises do not have much pressure on entire inventory, and are able to maintain the market stable to a certain degree; recently, enquiry of platy vanadium pentoxide in the market has increased, and emotion of enterprises being reluctant to sell out and waiting to rise has increased. Desire of expecting rise of prices of ferrovanadium and vanadium-nitrogen alloy has increased, however, because of concluded price suppressed by steel mills, the rise range of actual concluded price is not large that vanadium alloy enterprises is still facing production upside-down press.

At the beginning of this month, although vanadium market has risen to some extent but is short of power, some traders look to further increase, and it is expected that vanadium market may maintain stable and tends to be good in the short term.

• [Editor:Wang Linyan]