Vanadium Market Report January 2015
2015-02-25 14:35:14 【Print】
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In January, Chinese vanadium prices continued to slide
. The slack demand from the downstream market and abundant supply depressed the Chinese vanadium market . Some producers began to reduce production or only produced on demand because they have already been in deficit . Insiders lack confidence in the market in the near term . Turning to the Chinese vanadium export market, the spot demand was poor and most exporters could only make deals with regular clients . It’s hard for them to make new deals . Under the fierce competition within the market, Chinese vanadium export prices dropped along with the sliding Chinese domestic prices.