Today,vanadium products market in China continues to rebound, part of products price has returned to the previous level. With the the PZH offer increases, producers will enhance their expectations on the market as well as their assesment.
1、Vanadium flakes market has been lack of supply, including early fall and current rise. The major producers now remain its offer unchanged temporarily. Small and medium-sized producers offer has rallyed to 19,0000 yuan/t in cash gradually and 19,5000 yuan/t in acceptance.
2、A lot of ferrovanadium enterprises have rised or suspended their offer. On one hand,vanadium flakes are hard to purchase, and the inventory pressure is lighte. On the other hand, PZH’s offer has raised to 19,8000 yuan/t, which gives a certain support to the market.
3、Vanadium nitrogen alloy market has rised steadily.The bidding price of mills have reached 29,4500-29,8000 yuan/t in bank acceptance, and part of the commercial acceptance is at 29,4500-29,8000 yuan/t. The biding price in bulk has increased due to less long-term orders and the increase in cost, which furtherly facilitate the development of vanadium nitrogen market.
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