Monthly Vanadium Market Report Nov 2020

1. Market Highlights

In November, rebar prices moved up slightly, which brought positive influence on vanadium market though didn't make vanadium prices up immediately. As most steel mills started their winter stockpile plan, bidding volume and prices of vanadium nitride both moved up gradually this month.Asian Metal Copyright End consumers only purchase according to need and prices moved up slightly.Asian Metal Copyright At the same time, vanadium pentoxide and ammonium metavanadate producers also started to increase their prices accordingly but the market didn't get out of the stalemate situation.Asian Metal Copyright The market demand from end consumers still kept soft in November.Asian Metal Copyright Insiders prefer to watch the market as the market price tendency still keeps uncertain.

In international market, though inquiries increased significantly in Europe and North America, most of them came from traders. End consumers only purchase according to need and prices moved up slightly.Asian Metal Copyright As the market price tendency kept uncertain, most insiders prefer to watch the market.Asian Metal Copyright The market demand from end consumers still kept soft in November.Asian Metal Copyright In international market, though inquiries increased significantly in Europe and North America, most of them came from traders.Asian Metal Copyright As the market price tendency kept uncertain, most insiders prefer to watch the market.
.Asian Metal Copyright The market demand from end consumers still kept soft in NovemberAsian Metal Copyright