Vanadium Market Report August 2015

The Chinese vanadium market witnessed slow buying activity and sliding prices in August.Asian Metal Copyright Ferrovanadium 50%min and vanadium nitride producers were faced with heavy financial and large stocks pressure.Asian Metal Copyright Influenced by the persistent sluggishness of the downstream market, buyers were fierce in their bargaining.Asian Metal Copyright Ferrovanadium 50%min and vanadium nitride producers were faced with heavy financial and large stocks pressure.Asian Metal Copyright Ferrovanadium 50%min and vanadium nitride producers were faced with heavy financial and large stocks pressure.Asian Metal Copyright At the end of month, the prices for ferrovanadium 50%min dropped by 11%, while those for vanadium nitride decreased by 7%.Asian Metal Copyright Therefore, they had to reduce prices to stimulate sales.Asian Metal Copyright Then, as we neared the end of August, increasing inventories and financial pressures forced producers to lower their prices to recoup funds and compete for deals.Asian Metal Copyright At the end of month, the prices for ferrovanadium 50%min dropped by 11%, while those for vanadium nitride decreased by 7%.Asian Metal Copyright Influenced by the persistent sluggishness of the downstream market, buyers were fierce in their bargaining.Asian Metal Copyright As for vanadium pentoxide flake 98% market, some producers bear heavy bank loan in the second half year.Asian Metal Copyright At the end of month, the prices for ferrovanadium 50%min dropped by 11%, while those for vanadium nitride decreased by 7%.Asian Metal Copyright Then, as we neared the end of August, increasing inventories and financial pressures forced producers to lower their prices to recoup funds and compete for deals.
.Asian Metal CopyrightThe Chinese vanadium market witnessed slow buying activity and sliding prices in AugustAsian Metal Copyright