[ferro-alloys.com] Recently, prices of vanadium-nitrogen alloy and ferro-vanadium are weaker, the market is chaos and offer difference has enlarged, main offer of acceptance of vanadium-nitrogen alloy has been lowered to 290,000 -295,000 RMB/MT from 295,000 RMB/MT - 298,000 RMB/MT at last week; main offer of cash of Ferro-vanadium 50% has been lowered to 193,000-198,000 RMB/MT from 195,000-200,000 RMB/MT. Prices of vanadium pentoxide flake 98% of large-scaled plants stand at 190,000 RMB/MT, supporting the vanadium market will not crash, but at the same time, because the production cost and prices are hang upside down that part Ferrovanadium plants have reduced their production in April. 

• [Editor:Wang Linyan]