Today the Chinese vanadium market is pushing forward in chaos.On one hand ,vanadium raw material spots are less and assessment from small and medium producers is complicated.On the other hand ,steel mills wll come to purchase gradually at the end of this month.Companies are confused about comfirming the final biding price due to the difficulty in locking the cost.
1、The vanadium flake market has seen an upward trend especialy assessment from small and medium is higher.It is hard for companies to comfirm their price because most of biding price are unsettled.The gap between the strike price of vanadium flake is widened largely now.Downstream companies also pay attention to the main assessment and shippeng of vanadium flakes.
2、The ferrovanadium market has seen chaos and producers are lack of stocks.Most of producers give their offer according to their expectations and bulk vanadium flake price.Otherwise companies are paying attention to mills’s acceptance range.
3、Vanadium nitrogen alloy market rise rapidly.Steel mills will start to tender at the end of this month.A mill in Jiangsu province has purchased 120 tonnes,and the other has tendered 60 tonnes.Meanwhile a steelmaker in Henan province has purchase 40 tonnes.Companies are closely concerned about the purchasing price from mills as a reference for the further development of the market,because the acceptance of mills are the key point. |