Vanadium Price is the double of last year's ( 11 June 2008 )

At the end of this Aprial, most investigators thought the vanadium price in the world market was very high and could not carry for a long time. But it is not the same with the dominating non-ferrous metals, which prices are going down and the market is gloomy, the vanadium prices are going higher this month.

Calculating with the price at the beginning of this year, vanadium price has been inreased to double. What's the reason? Most people think the demand exceeds supply make this happen. This price will keep high if this situation can not be broken. As a consumer of vanadium products, titanium companies take a small percent hence the titanium prices have no any change. - by KIng Titanium