Vanadium Price

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PCY
TSX: PCY $ $0.63 -0.09 (-14.29%)
Frankfurt: 1P2N $ $0.51 +0.03 (+6.50%)
OTC: PRPCF $$0.47 -0.07 (-14.84%)
PCY
Breaking News:
Major Chinese SOE Partners with
Canadian Junior on Vanadium Project

Vanadium Established Record High $28.5, Latest Analysis From China


Vanadium reached all time high $28.6 today.
Here is vanadium analysis chart from China
Take away:
1. Reduction in Chinese downstream steel processing
2. Shortage of stone coal feed worldwide
3. Chinese environmental restriction in roasting stone coal
4. Low vanadium inventory, no cushion
5. Intermediary traders arbitraging
 
Bottomline:
 
No inventory, No new mine supply, No relief in sight
 
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