China’s vanadium market fluctuates at a high level, traders’ mentalities have divergence

  • Friday, July 27, 2018
  • Source:ferro-alloys.com

  • Keywords:China’s vanadium market fluctuates at a high level, traders’ mentalities have divergence
[Fellow][ferro-alloys.com] Today, China’s vanadium market maintained at the high position and vanadium products’ prices were unchanged much.

[ferro-alloys.com]  Today, China’s vanadium market maintained at the high position and vanadium products’ prices were unchanged much. Tender of vanadium alloys by steel mills was at the high price recently. Traders’ mentalities have divergence after the market is stalemated for a time, part traders have confidence and their offers are firm; part traders think the price is at the high position and worry about the dropping risk and actively to sell goods for profit-taking, of which, part traders lowered their prices by thousands to tens of thousands for concluding the transaction. Vanadium price needs to be readjusted, but the readjustment range is limited, we believe. Based on this, it is expected that the vanadium market will be consolidated with a small range in the short term.

  • [Editor:Wang Linyan]

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