Monthly Vanadium Market Report Sep 2021
2021-10-25 08:53:56 【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, most steel mills reduced their vanadium production due to the carbon emission reduction policy, which made rebar prices moved up a lot but made vanadium prices kept dropping. Vanadium suppliers had to drop their prices to promote sales and few producers could guarantee their basic profit in the dropping prices market. Most insiders hold negative attitude.
In international market, due to the weak demand from end consumers, vanadium prices moved down accordingly. Few suppliers could maintain their prices steady and most of them chose to drop their prices to promote sales.
In September, most steel mills reduced their vanadium production due to the carbon emission reduction policy, which made rebar prices moved up a lot but made vanadium prices kept dropping. Vanadium suppliers had to drop their prices to promote sales and few producers could guarantee their basic profit in the dropping prices market. Most insiders hold negative attitude.
In international market, due to the weak demand from end consumers, vanadium prices moved down accordingly. Few suppliers could maintain their prices steady and most of them chose to drop their prices to promote sales.
