The Chinese vanadium market continued to rise yesterday.On one hand vanadium flake spots were still tight.On the other hand the expected price from small and medium companies had increased gradually.Downstrean vanadium alloy companies were confused about providing assssment due to the difficulty of purchasing raw materials.However the soaring strike price in some bulk materials had stimulated the market.
1、The gap between the highest and the lowest price in the vanadium flake market had widened gradually.Assessment from major producers was at 19,8000 yuan/t in acceptance, while assessment from some small amd medium comanies had reached to 21,5000-22,0000 yuan/t.The price gap windened from last week.
2、The ferromoly market had not accomplished much conclusions.One one hand producers were unwilling to sell and waiting for a rise.On the other hand some downstream companies took cautious about purchasing, generaly making some conservative orders.However producers were optimistic about the subsequent market.The Pan Zhihua Steel had rised its ferromoly assessment to 21,5000 yuan/t,up about 10000 yuan/t.
3、The vanadium nitrogen market had seen chaos.Producers offered at diffierent levels, partially reached 34,0000-36,0000 yuan/t.They increased its assessment on the basis of expectations on the subsequent market and the difficulty of buying raw materials.The Pan Zhihua Steel had increased its assessment to 31,5000 yuan/t,up 10000 yuan/t. |