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Chinese vanadium market may settle down


Date: Jul 10, 2018

www.ferroalloynet.com: Currently, Chinese vanadium prices stabilize at highs. Despite downstrean manufacturers are enquiring raw materials actively, the suppliers make quoations but most of them have no spot cargoes. The transaction volume of ferrovanadium and vanadium-nitrogen remains thin. The major manufacturers of V2O5 flake have no cargoes and make no quotations, and other sellers have quite few inventories. The companies in need of vanadium materials are willing to purchase at highs but the spot cargoes are quite few.

Chinese vanadium market is anticipated to stabilize or increase slightly in near term.

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