Nowdays domestic V-chip market continue downturn, compared with the former few weeks domestic vanadium flake enterprises are no longer strong, most suppliers’  sell psychological have something loose, but to see from the demands of downstream purchasers, this condition almost not have enough change, smelters maintain production contiously purchase, and not  optimistic about the future market condition.

    Market price of V2O5 flake is in the range of RMB92,000-93,000yuan/ton, and not see enough deal. The intent price ferrovanadium and vanadium nitrogen alloy manufacturers has down to RMB90,000yuan/ton, although the deal still remain deadlocked, but to see from that, trends in the market outlook is not promising,  sources have to wait and see.