The vanadium product market continues to strengthen,mainly affected by tight material spots.Although major vanadium flake companies has released some spot goods,it still can not feed the market.However most of downstream companies has stopped providing assessment or offer according to their own condtions.
1、The vanadium flake market is still lack of spots,and downstrean vanadium alloy companies are still confused by purchasement.Enterprises are forced to chase higher bulk price mainly because major producers can not reach demands from the market.However small and medium producers are unwilling to sell due to their optimistic attitude towards the subsequent market.
2、The ferrovanadium market maintain an increase trend.The strike price in the bulk market has achieved improvement and exceeded previous high level.However steel mills purchased less in mid-May.Companies are still confused and hope the market can welcome an upward trend.
3、The vanadium nitrogen alloy market runs well.Producers have rised its assessment up to 31,0000-32,0000 yuan/t,mainly affected by the material market.Now the vanadium nirogen market is lack of spot goods, and some producers are busy with previous orders from mills. In addition, enterprises are not eager to sell products with the difficulty of purchasing raw materials. |