[ferro-alloys.com] Vanadium prices remain the rising momentum and are higher and higher. It is difficult to seek for the goods because of serious shortage of raw material in China, however, the demand is still alive in the market. The main large-scale plants’ quotation of Vanadium pentoxide flake is stable at 230,000 rmb/mt, and the small and medium scale plants’ quotation rises to a higher level, and the cash offer at the high level reaches to 270,000 rmb/mt. Offers of vanadium alloys continues to rise today and hit a new high, ferro-vanadium is quoted at above 250,000 rmb/mt and the offer of acceptance at the high level reaches to 300,000 rmb/mt. Offer of nitrided ferrovanadium 45% is at around 275,000 rmb/mt. Offer of cash of vanadium-nitrogen alloy reaches to 400,000 rmb/mt and offer of acceptance of it reaches to 420,000 rmb/mt.

• [Editor:Wang Linyan]