[ferro-alloys.com]  China’s vanadium market is stable at a high level today. Offer of vanadium pentoxide flake 98% from large-scale plants like Jianlong is stable at 270,000 yuan/ton for acceptance, while that of ammonium metavanadate 98% is stable at 255,000 yuan/ton for acceptance. Recently, the enterprises of vanadium extraction from stone coal have resumed their production one after another. The overall operating rate of vanadium pentoxide and ammonium metavanadate has been improved compared with the earlier stage, and spot supply in the market has increased. However, drop of price of vanadium in China is limited, and the price is not changed much. Large-scale plants of vanadium pentoxide flake are optimistic about the future, and their offers are expected to rise in September.

• [Editor:Wang Linyan]