[ferro-alloys.com] Vanadium market is stable and tends to be good, price of Vanadium gradually rises. Along with the gradual consumption of goods supply at low price of Vanadium market, price of piece of Vanadium of raw material and rise of call for bids of steel mill, price of Vanadium gradually rises and market of Vanadium improves little by little.
Prices of Ferro Vanadium and Vanadium Nitrogen Alloy that were affected greatly by calling for bids of steel mill at earlier stage have risen recently. For now, main offer of ready cash including VAT of Ferro Vanadium ranges from RMB 89,000 to RMB 90,000, risen by RMB 1,000 compared to the price at earlier stage; main offer of acceptance price of Vanadium Nitrogen Alloy ranges from RMB 130,000 to RMB 132,000, risen by RMB 2,000 compared to the lower offer at the earlier stage.
Offers of Vanadium Pent Oxide, Ammonium Metavanadate, Vanadium Nitride Iron and Vanadium Aluminium Alloy are stable and their offers do not have change.
Monthly output and rage of operation of Vanadium Pent Oxide Powder Vanadium in March have increased compared to that in February, and rate of operation has increased 10% month to month. Because companies holding goods are reluctant to sell out at a low price, along with a period of waiting and seeing of the market, some demanders are entering into the market and inquiring, and liveness degree of markets of Vanadium Pent Oxide and powder Vanadium has increased.
- [Editor:Wang Linyan]
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