Monthly Vanadium Market Report Sep 2020
2020-10-12 10:03:26 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
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1. Market Highlights
In September, the inventory of downstream rebar kept at high level and prices of rebar moved down significantly. Most steel mills could get thin profit and they putted huge dropping pressure to vanadium products. At the same time, more and more international vanadium resources came into China and the market supply kept sufficient. Prices of Chinese vanadium products dropped again and again. Most insiders hold sad attitude to the market outlook.
In international market, inquiries from end consumers didn't grow as expected after the summer holidays and prices of vanadium products started to drop again from the middle of September. Most international suppliers prefer to refer to Chinese price level to change their sales prices. Prices of international vanadium products dropped slightly this month and most insiders kept watching the market.
In September, the inventory of downstream rebar kept at high level and prices of rebar moved down significantly. Most steel mills could get thin profit and they putted huge dropping pressure to vanadium products. At the same time, more and more international vanadium resources came into China and the market supply kept sufficient. Prices of Chinese vanadium products dropped again and again. Most insiders hold sad attitude to the market outlook.
In international market, inquiries from end consumers didn't grow as expected after the summer holidays and prices of vanadium products started to drop again from the middle of September. Most international suppliers prefer to refer to Chinese price level to change their sales prices. Prices of international vanadium products dropped slightly this month and most insiders kept watching the market.
