Nowdays domestic vanadium market still sluggish,the demand of downstream is rare, market quotation of ferro-vanadium is in the range of RMB105,000-107,000yuan/ton,flake V2O5 is RMB97,000-98,000yuan/ton, knock down price general in the low point of this range.

    European and American vanadium market relatively stable, but deals still rare, most of the deals that reported is very small. In European, market price of  70-80%FeV is about 33-34USD/kgV, and V2O5 is about 7.3-7.7USD/ib,a minority of dealers’ quotation relatively high. As it reported, most of the traders don’t have much inventory,the price of raw materials is high,some market source hold an optimistic attitude.

    Moreover, domestic VN alloy market also weak,recently the purchase of steel mills relatively more than before,but tender price has low to less than 170,000yuan/ton. In recent the quotation of most traders is around RMB170,000yuan/ton.