Monthly Vanadium Market Report Sep 2022
2022-10-12 19:26:26 【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
In September, rebar prices moved up gradually due to the increasing market demand, which offered effective support for vanadium price rise. As vanadium producers reduced their output, the market saw tight supply and vanadium prices increased accordingly. In view of the solid market mentality, most suppliers prefered to hold back from selling.
In international vanadium market, steel-mills' demand kept reducing due to the energy prices soaring caused by the conflict between Russia and Ukraine, which made European market saw negative mentality. Vanadium prices move down and most insiders preferred to watch the market.
In September, rebar prices moved up gradually due to the increasing market demand, which offered effective support for vanadium price rise. As vanadium producers reduced their output, the market saw tight supply and vanadium prices increased accordingly. In view of the solid market mentality, most suppliers prefered to hold back from selling.
In international vanadium market, steel-mills' demand kept reducing due to the energy prices soaring caused by the conflict between Russia and Ukraine, which made European market saw negative mentality. Vanadium prices move down and most insiders preferred to watch the market.
