Vanadium Market Report March 2016

The Chinese vanadium market saw increasing prices in March.Asian Metal Copyright As for the vanadium pentoxide flake 98% market, the prices showed upward tendencies.Asian Metal Copyright In early month, vanadium pentoxide flake 98%min producers raised prices but steel mills still reduce purchasing prices for ferrovanadium and vanadium nitride as much as possible.Asian Metal Copyright2%, while those for vanadium nitride had increased by 9.Asian Metal Copyright Therefore, ferrovanadium and vanadium nitride producers postponed purchasing of raw material.Asian Metal Copyright2%, while those for vanadium nitride had increased by 9.Asian Metal Copyright In late March, vanadium pentoxide producers kept raising prices, and end-users had to accept prices increase for normal use.Asian Metal Copyright In early month, vanadium pentoxide flake 98%min producers raised prices but steel mills still reduce purchasing prices for ferrovanadium and vanadium nitride as much as possible.Asian Metal Copyright By the end of March, ferrovanadium 50%min had increased by 3.Asian Metal Copyright Therefore, ferrovanadium and vanadium nitride producers postponed purchasing of raw material.Asian Metal Copyright2%, while those for vanadium nitride had increased by 9.Asian Metal Copyright4%.Asian Metal Copyright4%.Asian Metal Copyright Therefore, ferrovanadium and vanadium nitride producers postponed purchasing of raw material.Asian Metal Copyright As for the vanadium pentoxide flake 98% market, the prices showed upward tendencies. Up to the end of January, the prices went up by RMB3,000/t (USD0.2/lb).
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