Monthly Vanadium Market Report Feb 2021
2021-03-12 17:44:28 【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 February, rebar prices increased significantly and steel mills could get better profit, which supported vanadium market prices increase strongly. At the same time, after the Spring Festival Holiday, insiders came back to the market and inquiries increased a lot, and prices of vanadium products moved up quickly.
In international market, as the market inventory kept at a low level, vanadium prices moved up quickly. End consumers bought vanadium products by large volume in spot market and the market saw active inquiries.
In February, rebar prices increased significantly and steel mills could get better profit, which supported vanadium market prices increase strongly. At the same time, after the Spring Festival Holiday, insiders came back to the market and inquiries increased a lot, and prices of vanadium products moved up quickly.
In international market, as the market inventory kept at a low level, vanadium prices moved up quickly. End consumers bought vanadium products by large volume in spot market and the market saw active inquiries.
