Vanadium product markets in China keep going up mainly influenced by the rapid increase in European ferrovanadium market.On one hand,vanadium matreials spots are tight and is hard to purchase.On the other hand,the market development has been boosted by higher price,growing cost from vanadium alloy and strong expectations of increasing .

　　1、Vavadium flake companies have received a lot of inquiries,but have not concluded muche sales,including shipment volumes from major large-scaled companies are insufficient.Assessment from small and medium producers has up to 19,5000 yuan/t in cash.However,it is still difficult to purchase enough spots although downstream companies have accepted the fact of rising price.

　　2、Ferrovanadium markets have witnessed great changes.Producers have beefed up or suspened their assessment as a result of less stock and difficulty in production.Some high-grade offers have reached over 20,5000 yuan/t.A steelmakers in Jiangsu province have tendered ferrovanadium about 40 tonnes at 20,1500/t in acceptance(including tender fees).

　　3、Vanadium nitrogen alloy markets have seen an increase,but is lack of momentum, mainly because mills accept a rise in price slowly.With cost growing,it is hard for mills to make purchase at a low level.Producers also face a problem of buying materials at a high level afer the consumption of cheap spot goods.