Monthly Vanadium Market Report Jun 2021
2021-07-12 19:13:43 【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 June, due to the government control of bulk commodity prices, rebar prices kept dropping, which made great negative effect on vanadium prices rise. However, major vanadium raw material producers united together and control the supply, which pushed vanadium prices keep increasing. The game between vanadium raw material manufacturers and steel mills kept intensifying. Most insiders hold optimistic attitude for vanadium prices rise.
In international market, due to the tight supply and active inquiries in spot market, vanadium prices moved up steadily and most insiders hold optimistic for the market.
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In June, due to the government control of bulk commodity prices, rebar prices kept dropping, which made great negative effect on vanadium prices rise. However, major vanadium raw material producers united together and control the supply, which pushed vanadium prices keep increasing. The game between vanadium raw material manufacturers and steel mills kept intensifying. Most insiders hold optimistic attitude for vanadium prices rise.
In international market, due to the tight supply and active inquiries in spot market, vanadium prices moved up steadily and most insiders hold optimistic for the market.
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