Recently the vanadium product market in China had seen a slight stalemate, showing difficult to book at high levels. But it was also hard to make purchase at low prices. Overall the vanadium market was waiting until the direction got clear.

　　1, The vanadium material market maintains firm.

　　Recently the material market maintained firm and producers were optimistic about the subsequent market. On one hand, producers made sales based on productions after a large consumption of stocks. On the other hand, influenced by environmental problems the whole vanadium market was stuck in a situation of insufficient supply, with less deals.

　　At present 98% vanadium flakes, 98% vanadium powder and ammonium vanadate assessment remained at 26,0000-27.5000 yuan/t, 26,0000-26,7000 yuan/t and 25,2000-25,7000 yuan/t. The ammonium vanadate market maintained stable with some price within 25,5000 yuan/t. Some companies said that it was difficult to purchase at low prices, but higher price was not accepted. Otherwise the vanadium flake market expressed steady. Main producers offered at acceptance 26,0000-27,0000 yuan/t, while small and medium producers offered at 27,0000 yuan/t and above. The vanadium powder market maintained firm. Chemical companies were difficult to handle high price, and vanadium nitrogen market were waiting with less buying trade.

　　2, The vanadium alloy market was waiting with less demands.

　　Recently the ferrovanadium market had seen limited conclusions with only a few steel mills trying to purchase. Companies also focusing on the adjustment of raw materials and the acceptance of steel mills. At present the vanadium nitrogen alloy assessment mainly remained at 40,5000-43,0000 yuan/t with cash at 40,0000-42,0000 yuan/t and acceptance at 41,0000-43,0000 yuan/t. At present the vanadium nitrogen alloy market had not experienced much fluctuations maintaining its assessment at the same level. Under the support of cost companies will not largely sell at low prices.

　　In summary the vanadium market had witnessed less fluctuations in prices with thin trade.

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