High vanadium prices pose market participants to play cautiously

Date: Jan 09, 2018
www.ferroalloynet.com: After Chinese vanadium prices rise to highs, some small ferrovanadium traders intend to sell and the quoted prices remain at 190000 rmb/ton with tax. Most manufacturers can’t get raw materials , so they make no quotation. Traders start to be active. Some small traders in Hebei have sold materials at 185000 rmb/ton. The market is full of wait-and-see sentiment.

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