Monthly Vanadium Market Report Jan 2021
2021-02-05 13:46:38 【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 January, rebar prices moved up steadily and supported vanadium prices moving up. As vanadium pentoxide flake 98%min suppliers hold back from selling, prices of the whole vanadium market increased slightly. However, as most steel mills finished their last purchase before the Spring Festival, the demand from end consumers stay soft and the market keeps in a stalemate. Insiders hold watching attitude for the market tendency.
In international market, as prices moved up too quick during the past two weeks, consumers prefer to delay their purchase and the market keeps quite now. Insiders prefer to watch the market.
In January, rebar prices moved up steadily and supported vanadium prices moving up. As vanadium pentoxide flake 98%min suppliers hold back from selling, prices of the whole vanadium market increased slightly. However, as most steel mills finished their last purchase before the Spring Festival, the demand from end consumers stay soft and the market keeps in a stalemate. Insiders hold watching attitude for the market tendency.
In international market, as prices moved up too quick during the past two weeks, consumers prefer to delay their purchase and the market keeps quite now. Insiders prefer to watch the market.
