Vanadium market sees high prices but few spot cargoes

Date: Aug 9, 2018 Recently, vanadium ore, vanadium slag and ammonium metavadanate markets see slight increase of transactions, but other vanadium product markets are in a state of tight supply, low inventory and thin transaction.Manufacturers are reluctant to overstock their inventories after purchasing high-priced raw materials, so they produce accroding to orders and sell once the products are finished. Middlemen will come under risk if they presell materials, with difficulty on procurement now. Meanwhile, the market prices have been stable for a period of time, the price difference range shrinks, leading middlemen to face more difficulty in operation.

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