Vanadium Market Report December 2015

The Chinese vanadium market witnessed slow buying activities and weak demand in December.Asian Metal Copyright4%.Asian Metal Copyright The downstream market showed no signs of rebounding and consumers were struggling to lower purchasing prices in order to reduce production cost.Asian Metal Copyright At the end of month, the prices for vanadium pentoxide flake 98%min had hit the bottom and some traders and end-users started to rebuild stocks.Asian Metal Copyright At the end of month, the prices for vanadium pentoxide flake 98%min had hit the bottom and some traders and end-users started to rebuild stocks.Asian Metal Copyright07lb.Asian Metal Copyright Meanwhile, ferrovanadium producers refused to lower prices and the market supply was a little tight.Asian Metal Copyright In late December, ferrovanadium 50%min had increased by 5.Asian Metal Copyright In late December, ferrovanadium 50%min had increased by 5.Asian Metal Copyright As for the vanadium pentoxide flake 98% market, it remained dim.Asian Metal Copyright3%, while those for vanadium nitride had decreased by 3.Asian Metal Copyright3%, while those for vanadium nitride had decreased by 3.Asian Metal Copyright4%.Asian Metal Copyright In late December, ferrovanadium 50%min had increased by 5.Asian Metal Copyright As for the vanadium pentoxide flake 98% market, it remained dim. Up to the end of November, the prices went down by RMB1,000/t (USD0.07/lb).
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