Monthly Vanadium Market Report Dec 2022
2023-01-12 20:18:57 【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 December, rebar prices moved up gradually as market demand recovered, which offered effective support for vanadium price rise. At the same time, as most steel-mills would like to add inventory and vanadium suppliers preferred to hold back from selling, Chinese vanadium market mentality went strong accordingly and market prices increased slightly . Most insiders held optimistic market mentality.
In international vanadium market, as most buyers preferred to purchase from spot market, but spot market saw tight supply, market mentality went strong significantly.
In December, rebar prices moved up gradually as market demand recovered, which offered effective support for vanadium price rise. At the same time, as most steel-mills would like to add inventory and vanadium suppliers preferred to hold back from selling, Chinese vanadium market mentality went strong accordingly and market prices increased slightly . Most insiders held optimistic market mentality.
In international vanadium market, as most buyers preferred to purchase from spot market, but spot market saw tight supply, market mentality went strong significantly.