Vanadium Market Report May 2016

The Chinese vanadium market saw decreasing prices in May.Asian Metal Copyright6kg V.Asian Metal Copyright The downstream market remained dim and consumers just adopted hand-to-mouth purchasing strategy.Asian Metal CopyrightThe Chinese vanadium market saw decreasing prices in May.Asian Metal Copyright Some traders who held stocks of ferrovanadium and vanadium nitride were in no hurry to achieve deals, so the prices for downstream products went down. By the end of May, ferrovanadium 50%min had decreased by RMB2,000/t (USD0.6/kg V), while those for vanadium nitride had dropped by RMB3,000/ (USD0.6/kg V).Asian Metal Copyright By the end of May, ferrovanadium 50%min had decreased by RMB2,000t USD0.Asian Metal Copyright As for the vanadium pentoxide flake 98% market, the producers held the prices stable.Asian Metal CopyrightThe Chinese vanadium market saw decreasing prices in May.Asian Metal Copyright Up to the end of May, the prices remained same as those of late April.
.Asian Metal Copyright6kg V, while those for vanadium nitride had dropped by RMB3,000 USD0.Asian Metal Copyright