The vanadium price in China basically maintained stable in recent days, but producers felt worried and held different opinions about the subsequent market. Most of them took cautious about purchasing and tried to avoid risks.

　　1, The vanadium material market slightly changes.

　　Recently the vanadium material companies maintained its quotation stable, especially the vanadium flake market. Some producers indicated that it was hard to purchase spot goods. Besides the vanadium powder and ammonium vanadate market seemed weak but had not seen apprant fluctuations. Some low-price transactions had formed a certain pressures on the market, but had less impact on the whole market.

　　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. In the ammonium vanadate market most of low-price delivery was acomplished by small and medium producers, while large producers remained steady. Downstream companies showed less enthusiasic about purchase. Otherwise the vanadium flake market had seen a stable trend, with large producers offering at acceptance 27,0000 yuan/t and small ones offering at cash 27,0000 yuan/t and above. The vanadium powder market moved forward steadily. The market appeared weak, and producers were unwilling to sell at a low price. Downstream companies were also worried about risks, mainly focusing on decentralized purchasing.

　　2, Steel mills gradually finished tendering for ferrovanadium and nitrogen alloy

　　Recently the ferrovanadium market was in a stalemate. On one hand producers maintained its quotations at a high level. On the other hand steel mills expressed low acceptance, and it was difficult to purchase at a low price. Ferrovanadium companies found it was hard to reduce the production cost, causing the market stuck in a delimma. At present The ferrovanadium assessment unchanged at 27,0000-28,5000 yuan/t. The ferrovanadium market had experienced less activities due to decreased orders and cautious attitude. Considering the fact, the purchase, production and sales of companies based on orders from steel mills.

　　Steelmakers gradually finished tendering for vanadium nitrogen. Some producers said that part of mills started to purchase ferroniobium which led to a reduction in purchsing vanadium nitrogen, furtherly having huge influence on the market. Now the market was supported by vanadium flakes. 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 understood that vanadium nitrogen companies offered at 42,0000 yuan/t to the steel mills, but a little lower to traders. Producers faced small pressures on inventories, but it was still difficult to purchase vanadium flakes.

　　In conclusion, the vanadium product price remained stable in China, but producers were cautious about buying. The whole market was supported by insufficient spots. It was expected that the vanadium market will still gain some supports.

　　Exclusively edited by Comelan can can not be reposted!