Vanadium Market Report February 2016
2016-03-07 18:01:41
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The Chinese vanadium market witnessed a decrease in prices during February.Asian Metal Copyright As for the vanadium pentoxide flake 98% market, the prices moved down, and at the end of month, they dropped by RMB5,000t USD0.Asian Metal Copyright In the first half month, participants left the market for Spring Festival holiday, so few deals could be seen in the spot market.Asian Metal Copyright As for the vanadium pentoxide flake 98% market, the prices moved down, and at the end of month, they dropped by RMB5,000t USD0.Asian Metal Copyright After holiday, as end-users had enough stocks at hand and producers held increased stocks, prices showed downward tendencies.Asian Metal Copyright In the first half month, participants left the market for Spring Festival holiday, so few deals could be seen in the spot market.Asian Metal Copyright By late February, ferrovanadium 50%min prices had decreased by 7.Asian Metal Copyright After holiday, as end-users had enough stocks at hand and producers held increased stocks, prices showed downward tendencies.Asian Metal Copyright7%, while those for vanadium nitride had fell by 9.Asian Metal Copyright As for the vanadium pentoxide flake 98% market, the prices moved down, and at the end of month, they dropped by RMB5,000t USD0.Asian Metal Copyright4%. As for the vanadium pentoxide flake 98% market, the prices moved down, and at the end of month, they dropped by RMB5,000/t (USD0.35/lb).
.Asian Metal Copyright In the first half month, participants left the market for Spring Festival holiday, so few deals could be seen in the spot marketAsian Metal Copyright
