The Chinese vanadium market stayed stable recently, with firm vanadium flake price giving support to the market. Even if sales of vanadium alloy was unsmooth, producers were still unwiling to sell at low prices, furtherly maintaining the whole vanadium market stable.

　　1, the vanadium flake keeps firm, plus the vanadium powder and ammonium vanadate market remains at high levels.

　　Recently the vanadium material market had seen a steady trend. On one hand, the vanadium market maintained firm. Major companies made an effort to rise its assessment up to a higher level. On the other hand, the vanadium powder and ammonium vanadate market had not seen obvious changes with insufficient spot lots. However downstream enterprises still took cautious about purchasing as a result of less terminal orders.

　　At present 98% vanadium flake assessment range narrowed to 26,5000-27,5000 yuan/t, while 98% vanadium powder assessment unchanged at 26,0000-26,7000 yuan/t. The ammonium vanadate assessment also unchanged at 25,5000-25,7000 yuan/t. The ammonium vanadate market basically remained the same with its price generally hovering within the range of 25,0000-25,5000 yuan/t. Besides the vanadium flake market kept stable, as well as main producers offered at acceptance 27,0000 yuan/t and at cash 26,5000 yuan/t. But some downstream companies also reported that they were stuck in a delimma of whether or not to purchase at 27,0000 yuan/t. Otherwise the vanadium powder market remained at a high level. Some quotation had reached at 28,0000 yuan/t, but it seemed difficult to be concluded.

　　2, The vanadium alloy market operates steadily, but producers were still worried.

　　The ferrovanadium market maintained a stable trend under the support of cost recently with less turnover and steady prices. Companies were still worried about the subsequent market. At present the ferrovanadium assessment range narrowed to 27,0000-28,0000 yuan/t. Producers possessed limited spots and afraid of largely accummulating stocks.

　　The vanadium nitrogen alloy market ran steadily with small tenders, which also bothering producer’s expectations and productions. Most of producers were worried about dropping, but some were afraid of the same trend. Currently the vanadium nitrogen alloy assessment basically unchanged at cash 40,0000-42,0000 yuan/t and at acceptance 41,0000-43,0000 yuan/t. We learnt that vanadium nitrogen market had seen less pressures. Most of them cautiously purchased and produced based on orders, but the market was also restricted by less orders from steel mills.

　　3, The European ferrovanadium market had witnesed a slight rise.

　　The international vanadium market started to slow down. On one hand producers began to change their mind of driving the price up continuously. On the other hand the Chinese vanadium market had stepped into a stage of maintaining. However the European ferrovanadium market had not seen big changes only with a small increase in its lower price. Yesterday the European ferrovanadium assessment rose to $ 81.7-83, while the American ferrovanadium and the European vanadium pentoxide assessment unchanged at $38.6-39.5 and $19-19.85 respectively.

　　From the above, the vanadium market was still struggling currently. Though the price maintaining stable, producers still held different opinions on the subsequent market.