Vanadium price forecasts for February 2018

Date: Jan 31, 2018 Early January vanadium market kept rising with the supply shortage. Steel mills started biddings in the last half of the month and vanadium prices started to fall back from highs, when market participants took watchful attitude and the buyers didn’t want to purchase large tonnages. Owing to short supply, the market has yet to fall sharply. In February, because of the lunar new year, vanadium market prices are likely to continue consolidation at slightly lower level.

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