Vanadium prices10 Jul 2018 14:40
At long last, a chance to catch our breath.
Chinese vanadium price indexes are unchanged today
Date: Jul 10, 2018
www.ferroalloynet.com: On July 9, Chinese vanadium comprehensive index is 282.40, unchanged from yesterday, up 9.87% week-on-week, up 35.23% month-on-month, and up 173.47% year-on-year.
Ferrovanadium 50% spot index is 265000 rmb/ton, unchanged from yesterday, up 10.88% week-on-week, up 29.90% month-on-month, and up 167.68% year-on-year.
Chinese vanadium market may settle down
Date: Jul 10, 2018
www.ferroalloynet.com: Currently, Chinese vanadium prices stabilize at highs. Despite downstrean manufacturers are enquiring raw materials actively, the suppliers make quoations but most of them have no spot cargoes. The transaction volume of ferrovanadium and vanadium-nitrogen remains thin. The major manufacturers of V2O5 flake have no cargoes and make no quotations, and other sellers have quite few inventories. The companies in need of vanadium materials are willing to purchase at highs but the spot cargoes are quite few.
Chinese vanadium market is anticipated to stabilize or increase slightly in near term..