Date: Oct 30, 2018 Recently vanadium market remains high on price and the middlemen are unclear about the spot demand of downstream markets. The transaction prices of ammonium metavanadate, ferrovanadium and vanadium-nitrogen start to be on low end, so some vanadium-nitrogen suppliers decreased their offering prices slightly, from 805000 rmb/ton to 770000 rmb/ton. Vanadium-nitrogen manfuacturers told FerroAlloyNet that the steel mills mostly made demand-based purchase and held wait-and-watch attitude. But they expect the high bidding prices can stabilize the market, to aviod the low price from disordering the market.

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