Vanadium Market Report November 2015

The Chinese vanadium market witnessed slow buying activities and falling prices in November.Asian Metal CopyrightThe Chinese vanadium market witnessed slow buying activities and falling prices in November.Asian Metal Copyright The markets for ferrovanadium and vanadium nitride were still controlled by the buyers.Asian Metal Copyright Up to the end of November, the prices went down by RMB3,500t USD0.Asian Metal Copyright The downstream market showed no signs of rebounding and consumers were struggling to lower purchasing prices in order to reduce production cost.Asian Metal Copyright Suppliers were forced to accept price reductions to achieve deals and recoup money.Asian Metal Copyright Suppliers were forced to accept price reductions to achieve deals and recoup money.Asian Metal Copyright3%, while those for vanadium nitride had decreased by 9.Asian Metal Copyright At the end of month, the prices for ferrovanadium 50%min had dropped by 13.Asian Metal Copyright Up to the end of November, the prices went down by RMB3,500t USD0.Asian Metal Copyright3%, while those for vanadium nitride had decreased by 9.Asian Metal Copyright3%, while those for vanadium nitride had decreased by 9.Asian Metal Copyright2%.Asian Metal Copyright3%, while those for vanadium nitride had decreased by 9.Asian Metal Copyright 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).
.Asian Metal Copyright At the end of month, the prices for ferrovanadium 50%min had dropped by 13Asian Metal Copyright