The vanadium price in China continued to rise, exceeding the expectations of producers. The situation was also out of control. As the price soaring, companies were confused about operating or not.

　　1、 The vanadium flake market contiuned to moved higher. Major vanadium flake companies had increased their assessmnet to acceptance 23,0000 yuan/t, up 32000 yuan/t. While small and medium producers had rised their assessment to 25,0000 yuan/t. In short, the market was experiencing chaos.

　　2、 The ferrovanadium market soared with some conclusions reaching 26,0000 yuan/t. Otherwise high-level assessment has reached 26,0000 yuan/t. Although conclusions were less, it was still restricted by cost.

　　3、 Less vanadium nitrogen alloy conpanies had provided their offer, most of which were waiting for the announcement of purchase price from steel mills. Some deals were concluded at 40,0000 yuan/t and above. Meanwhile producers also tried to lift their biding price so as to avoid cost inversion.