Till nowdays, domestic and foreign vanadium market overroll still cold and cheerless,less inquiry, infrequent transaction, market only can see individal steel firms low price purchases. Participants hold different views of prospective market, most pessimistic, it is difficult to see the price rebound if the demand condition not improve.

    The mainstream market price of ferro-vanadium is RMB105,000-107,000yuan/ton, actual transaction price is around RMB105,000yuan/ton even low to RMB104,000yuan/ton. Some ferro-vanadium companies purchase raw materials by order, the intention price of most companies is RMB106,000yuan/ton. Traders inquiry occasionally, purchase cautiously, but most of the sources still wait and see.

    There are not more inquiries of flake V2O5,downstream purchasers not willing to purchase and suppliers not love to quote, small enterprises even not offer. Although suppliers insiste qoute RMB98,000 yuan / ton, basically there is not much turnover reported. The intention purchase price of some downstream vanadium alloy purchasers is around RMB95,000yuan/ton, but most of smelters still hesitate, few companies reveal that if purchasers really want to buy, price is not a problem.