In recent, European vanadium trade market is quiet, suppliers kept quoted around 33.5-34.5 firmly, but most of the buyers not busy in purchaseing,and don’t achieved enough deals.

    After spring festival,for the reason that European spot market don’t have enough raw materials, the price of vanadium have an increase about 66%. But for the increase on-stream ratio of South African vanadium factories this condition has an slightly improve. As the revive of American Steel Industry, the price of vanadium seems higher than that of Eurapean market..The construction of vanadium plant also can slove the condition of tighten supply.

    The domostic ferrovanadium market keeps stable, the main stream price is RMB 10.8-10.9 ten thousand/ton,but most of the suppliers said the products not well sold and the price of raw materials is high, they don’t have enough perfits. The price of Vanadium pentoxide 98% firm at RMB10.1-10.2 ten thousand/ton. Most enterprise still wait and see and some enterprise have intention to sell worry, but some downstream purchaser purchase carefully.

    Moreover, recently participants of Hubei Chongyang has stopped to purchase. The price of ammonium metavanadate,and powdery vanadium decrease slightly