Vanadium Market Report November 2015
2015-12-04 18:01:57 【Print】
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The Chinese vanadium market witnessed slow buying activities and falling prices in November. The markets for ferrovanadium and vanadium nitride were still controlled by the buyers. The downstream market showed no signs of rebounding and consumers were struggling to lower purchasing prices in order to reduce production cost. Suppliers were forced to accept price reductions to achieve deals and recoup money. At the end of month, the prices for ferrovanadium 50%min had dropped by 13.3%, while those for vanadium nitride had decreased by 9.2%. As for the vanadium pentoxide flake 98% market, it remained dim. Up to the end of November, the prices went down by RMB3,500/t (USD0.25/lb).












