[ferro-alloys.com] Vanadium market continues to be strong at home and abroad. The Chinese supply is tight and demand is good with prices rising. Prices of vanadium raw material remained higher and higher. Today, the quotation of large-scale vanadium pentoxide flake plants was 230,000 rmb/mt, sharply up 32,000 rmb/mt from 198,000 rmb /mt. Yesterday, a plant concluded a truck of ammonium metavanadate 98% at a high price of 245,000 rmb /mt.

An exporter offered ferro-vanadium at $76 per kg in the export market, higher than the domestic level because the payback for exporting cargoes is longer, otherwise he prefers to sell in the domestic market with payment by cash for slightly lower prices. Another exporter offered vanadium pentoxide at $18 per pound. 

• [Editor:Wang Linyan]