[ferro-alloys.com] Large-size plant Chengde Jianlong elevated offer of vanadium pentoxide flake 98% from 230,000 rmb/mt to 270,000 rmb/mt yesterday as the supply is tense and the price of tender of vanadium-nitrogen alloy is high that its highest price reached to 420,000 rmb/mt. Another large-size plant Desheng does not have goods now and it will make a plan if it has goods next week. Vanadium price is at the highest level for rencent ten years, and suppliers are more positive to sell goods recently. Supply of vanadium pentoxide still does not meet the demand, the leading enterprise’s offer has a jump to support the vanadium prices at the high level for the time being. Some participators think that adjustment of offer of the large-size plants is lagging that the rise of offer this time does not have representativeness. 

• [Editor:Wang Linyan]