Recently the vanadium market in China maintained at high levels, facing both supports and pressures. Influenced by worries attitude and falling terminal demand, vanadium companies not only made an effort to maintain the market firm, but also had to take cautious about operating.

　　1, The vanadium market moves steadily.

　　Changes in the vanadium market had attracted attentions from companies. On one hand the vanadium price had seen changes, especially vanadium flakes. On the other hand downstream companies will be invited to make purchase after tenders, and its actual transaction price will become the focus of all companies. Otherwise the market also paid attention to delivery from companies, especially the quotations and shipping price from small and medium companies.

　　At present 98% vanadium flake and powder assessment unchanged at 26,5000-27,5000 yuan/t and 26,0000-26,7000 yuan/t respectively. The ammonium vanadate assessment maintained stable at 25,2000-25,7000 yuan/t. The ammonium vanadate market seemed a little weak, showing obvious phenomenon of underpricing. Some companies dealing with orders from old customers had not seen big changes in its quotations, while small and medium ones had seen poor delivery and falling price. Beside the vanadium flake market maintained stable. It was difficult for downstream companies to make large purchase because of insufficient spots. The vanadium powder market suffered with few transactions as downstream companies slowed down to make purchase under the circumstance of adequate spots and weak market.

　　2, The ferrovanadium and vanadium nitrogen market maintain stable.

　　Recently the ferrovanadium price maintained stable, but producers held different opinions on the market. Some were worried about the market correction, some were optimistic about the subsequent martket, others were cautious about operating. At present The ferrovanadium assessment unchanged at 27,0000-28,5000 yuan/t. We understood that steel mills tendered for less ferrovanadium, and most were waiting to see changes in subsequent market.

　　The vanadium nitrogen alloy market had not experienced big fluctuations. Producers were cautious about operating and afraid of accumulating stocks. Currently the vanadium nitrogen alloy assessment maintained stable at 40,5000-43,0000 yuan/t. The price made by steel mills mainly hoverd at 41,0000-42,0000 yuan/t. We also learnt that vanadium nitrogen companies faced light pressures on delivery.

　　3, The international vanadium market appears difference.

　　The international vanadium market performed different. The European ferrovanadium market seemed subdued. The European vanadium pentaoxide price slightly drifted downward, but still higher than the price in China. While the American ferrovanadium market slightly moved higher. The European ferrovanadium assessment unchanged at $81-83/t, while the American ferrovanadium assessment range widened to $39-40/t and the European vanadium pentaoxide assessment fell to $18.5-19.25/t.

　　From the above, the vanadium market in China was changing, especially producers’s attitude toward the subsequent market. Although the market maintain stable in short terms, it was still hard to predict the subsequent market.

　　Exlusively edited by Comelan and can not be reposted !