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.