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[ferro-alloys.com] At the beginning of this week, vanadium market is stable at  relative higher position, the traders are waiting and seeing, vanadium price has a little change compared to the price of last week and rise of price of vanadium is limited. The following market is not very clear, many enterprises do not give offers, supplies of goods are not much, and demand from the downstream is not enough. Recently, bid inviting price of steel mill has not issued yet, there lacks guide in the market, and many demanders take a wait-and-see attitude, at the same time, part holders are waiting and seeing, and part holders actively sell goods.

Main offers of flaky vanadium pentoxide of enterprises are at RMB 135,000 to 140,000/MT, and main offers of ferrovanadium are at RMB 140,000 to 145,000/MT, and main offers of vanadium-nitrogen alloy are at RMB 205,000 to 210,000/MT.

Currently, both supply and demand in vanadium market are weak, lack of supply of goods and increase of demand of preparing goods in winter drove rise of this round of vanadium, but the demand quantity is not much, weakening continued rise of vanadium price. Bid inviting of steel mill of a new round is about to start, then vanadium market will be clearer. 

• [Editor:Wang Linyan]