Might be true, however Chucker said it was higher than last year..... which is not the same as what you are saying...
Current spot V2O5 ( 98 % min. ) is US$ 9 - 10 / lb as opposed to over US$ 25 / lb in the middle of 2005.
Average prices of vanadium currently are up on the long term average of under US$ 4 / lb, so which way they will go is anyone's guess....