Monthly Vanadium Market Report Feb 2018
2018-04-13 18:01:35 【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
This month, due to the Spring Festival, demand in Chinese vanadium products market declined, leading to sluggish transactions, while the prices for vanadium products kept stable trend. As for the upstream raw material end, as large producers held enough orders, pre-sale price for vanadium pentoxide flake 98%min almost stabilized at RMB182,000/t (USD13.33/lb V) EXW D/A six months, which supported stable trend of prices for downstream vanadium products. As the tight supply of raw material vanadium pentoxide would be hard to improve in short time, market participants held stable attitudes.
This month, due to the Spring Festival, demand in Chinese vanadium products market declined, leading to sluggish transactions, while the prices for vanadium products kept stable trend. As for the upstream raw material end, as large producers held enough orders, pre-sale price for vanadium pentoxide flake 98%min almost stabilized at RMB182,000/t (USD13.33/lb V) EXW D/A six months, which supported stable trend of prices for downstream vanadium products. As the tight supply of raw material vanadium pentoxide would be hard to improve in short time, market participants held stable attitudes.
