The vanadium product market continued to rise yesterday. On one hand, steel mills had made a break on purchasing vanadim nitrigen, which pushed its price to a new level. On the other hand, the vanadium raw materials market was tight. The increasing strike price of vanadium alloy will stimilate producers to rise their assessment.

　　1、The vanadium flakes market was lack of spot goods. Major vanadium flake companies had not delivered yet. Small and medium producers were strongly reluctant to sell, and quotation was higher than their expectations.

　　2、The ferrovanadium market continued to increase with assessment from producers rised to 24,0000-25,0000 yuan/t.However with vanadium nitrogen alloly price rising, companies will also rise their assessment.

　　3、The vanadium mitrogen alloy market had seen an obvious upward trend. A steel mill in Jiangsu province had tendered 50 tons with its price at 37,9800 yuan/t in acceptance. Some producers also said that it is hard to confirm sale price as they can not purchase raw materials.