Monthly Vanadium Market Report Apr 2019
2019-05-17 18:05:49 【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 April, the demand for vanadium was weak in international market, and the price continued to drop sharply, which was significantly lower than the price in domestic market, leading to a complete halt in the export of Chinese vanadium products. The steel mills' purchase price was significantly lower than the market expectation in the domestic vanadium market, which made the whole vanadium industry chain show a downward trend. Market participants are quite pessimistic about the market.
In April, the demand for vanadium was weak in international market, and the price continued to drop sharply, which was significantly lower than the price in domestic market, leading to a complete halt in the export of Chinese vanadium products. The steel mills' purchase price was significantly lower than the market expectation in the domestic vanadium market, which made the whole vanadium industry chain show a downward trend. Market participants are quite pessimistic about the market.
