Chinese vanadium market consolidates at highs

Date: Jan 11, 2018 Chinese V2O5 flake prices continue to rise by about 7500 rmb/ton to 185000 rmb/ton with tax. Ferrovanadium¬†and vanadium-nitrogen offers remain at highs. Thus the whole vanadium market consolidates at highs now. Some converters become more willing to sell, and ferrovanadium and vanadium-nitrogen producers prefer long-term supply contracts. Since the prices stand at highs, downstream producers remain cautious on procurement and mostly don’t replenish raw materials unless they can receive orders.

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