Vanadium Market Report April 2016

The Chinese vanadium market witnessed jump prices sharply in April.Asian Metal Copyright Some steel mills were forced to accept the prices increase for normal use.Asian Metal Copyright Chinese vanadium pentoxide flake 98%min producers kept raising prices and held back selling the material.Asian Metal CopyrightThe Chinese vanadium market witnessed jump prices sharply in April.Asian Metal Copyright Therefore, it was difficult for downstream consumers to buy the goods and ferrovanadium and vanadium nitride prices were on the rise.Asian Metal CopyrightThe Chinese vanadium market witnessed jump prices sharply in April.Asian Metal Copyright Some steel mills were forced to accept the prices increase for normal use.Asian Metal Copyright By the end of month, the prices had gone up by RMB10,000t USD0.Asian Metal Copyright However, market demand from steel mills showed no signed of rebounding.Asian Metal Copyright Some steel mills were forced to accept the prices increase for normal use.Asian Metal Copyright The increased prices lacked firm support.Asian Metal Copyright7lb.Asian Metal Copyright By the end of April, ferrovanadium 50%min prices had increased by 18.Asian Metal Copyright7lb.Asian Metal Copyright36%, while those for vanadium nitride had climbed by 27.Asian Metal Copyright The increased prices lacked firm support.Asian Metal Copyright14%.Asian Metal Copyright7lb.Asian Metal Copyright As for the vanadium pentoxide flake 98% market, the prices showed upward tendencies. By the end of month, the prices had gone up by RMB10,000/t (USD0.7/lb).
.Asian Metal Copyright As for the vanadium pentoxide flake 98% market, the prices showed upward tendenciesAsian Metal Copyright