[ferro-alloys.com]  Prices of raw material is mainly stale on account of its tight supply, except offers of three major plants of vanadium pentoxide flake stand at 190,000 RMB/MT, offers of many other plants have little adjustment, but in view of offers at high price have retreated, currently, vanadium market seeing weakness at abroad and home still has affected the domestic raw material.

Offers of vanadium-aluminium alloy are mainly stable because of stable raw material prices and difficult purchasing of the raw material. Currently, vanadium-aluminium alloy AlV50 is mainly quoted at 220,000 to 230,000 RMB/MT, vanadium-aluminium alloy AlV55 is mainly quoted at 240,000 to 250,000 RMB/MT, vanadium-aluminium alloy AlV58 is mainly quoted at 260,000 to 280,000 RMB/MT, of which, offers of AlV58 have large difference, offers of some plants in Shaanxi and Hebei Districts are above 300,000 RMB/MT. “Production cost is too high and it cannot be sold at the price. I hope the raw material price can drop and stand at a reasonable range,” one major producer said. 

• [Editor:Wang Linyan]