[ferro-alloys.com]  After a period of stalemate, dropped obviously in the earlier stage, prices of Vanadium Nitrogen Alloy and Ferro Vanadium rise this week; price of piece of Vanadium continues to be firm and its trading volume increases. Vanadium market is still weak, Vanadium enterprises in dilemma expect that the Vanadium market is getting better, and part enterprises slightly raise their offers.      

Currently, main acceptance offer of Vanadium Nitrogen Alloy ranges from RMB 130,000 to RMB 132,000/MT, and main offer of ready cash including VAT of Ferro Vanadium ranges from RMB 89,000 to RMB 90,000/MT. The prices of bid inviting of Vanadium Alloy announced this week, of which, the acceptance price of bid inviting of Vanadium Nitrogen Alloy of steel mill ranges from RMB 127,000 to RMB 128,000/MT; the acceptance price of bid inviting of Ferro Vanadium of Xiangtan Iron & Steel is RMB 88,700, the acceptance price of bid inviting of Ferro Vanadium of Guangdong Shaogang is RMB 94,800 (including bid inviting fee), all prices have increased compared to the prices of the earlier stage.

Currently, although the entire demand quantity has not increased obviously, along with the gradual consumption of goods in stock at a lower price, productivity of vanadium products reduces, the pattern of supply and demand has improved, influenced by the overall environment of bulk commodity, price of vanadium may rise at a later days, and the prices of vanadium products will follow to rise. 

• [Editor:Wang Linyan]