Monthly Vanadium Market Report November 2019
2019-12-12 18:48:29 【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 November, the demand of international vanadium market kept soft. Most insiders are watching the market, few deals closed during the past week. The market stays in a stalemate.
For Chinese market, as bidding prices for vanadium nitride and ferrovanadium of major steel mills stay at low level, most downstream vanadium producers can hardly guarantee their profit margin. However, major producers of vanadium pentoxide flake are still insisting their quotation and refuse to drop price to promote sales.
In November, the demand of international vanadium market kept soft. Most insiders are watching the market, few deals closed during the past week. The market stays in a stalemate.
For Chinese market, as bidding prices for vanadium nitride and ferrovanadium of major steel mills stay at low level, most downstream vanadium producers can hardly guarantee their profit margin. However, major producers of vanadium pentoxide flake are still insisting their quotation and refuse to drop price to promote sales.
