Vanadium Industry Annual Report 2019
2020-02-20 21:42:49 【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 2019, the international vanadium market demand kept soft but the supply continued unabated, which leaded to a large number of vanadium products began to flow back into the Chinese market. Buyer's market had always occupied the dominant position. Consumers' bargaining ability continued to strengthen and prices of vanadium products dropped above 70%.
In domestic vanadium market, due to the rapid growth of the downstream vanadium product output, the demand could hardly match the supply, which leaded a seriously imbalance between the supply and demand. Market inventory began to grow continuously. Prices presented a sharp decline more than 55% and vanadium enterprises generally got poor profits.
In 2019, the international vanadium market demand kept soft but the supply continued unabated, which leaded to a large number of vanadium products began to flow back into the Chinese market. Buyer's market had always occupied the dominant position. Consumers' bargaining ability continued to strengthen and prices of vanadium products dropped above 70%.
In domestic vanadium market, due to the rapid growth of the downstream vanadium product output, the demand could hardly match the supply, which leaded a seriously imbalance between the supply and demand. Market inventory began to grow continuously. Prices presented a sharp decline more than 55% and vanadium enterprises generally got poor profits.
