Small Change In Ferrovanadium Production And Inventory Compared With Last Month

www.ferroalloynet.com: According to the incomplete statistics of 35 ferrovanadium production enterprises, there were about 18 enterprises in production in December, with the operating rate of 51.4%, a decrease of 2.8% compared with last month. The total output of ferrovanadium was about 3600 tons, a decrease of 195 tons compared with last month. The inventory of enterprises at the end of the month was about 296 tons, an increase of 6 tons compared with last month. Compared with November, the operating rate and sales of ferrovanadium in December fluctuated slightly.

Today, the mainstream transaction price of ferrovanadium is about 100000 yuan / ton by cash. This week, most ferrovanadium manufacturers said that compared with last week, the market demand has become worse, and the difficulty of shipment has increased. The wait-and-see mentality of manufacturers increased, and they are more cautious and hesitant in purchasing raw materials, and their procurement mainly depends on the orders. There are not many transactions in the market, and traders say it is not easy to operate at present.
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