Chinese vanadium transaction volume is tapering off

Date: Feb 6, 2018
www.ferroalloynet.com: The approaching Chinese New Year affects the deliveries as the logistics services is suspended, and market participants mostly stop operetion and hold wait-and-see attitude. Thus vanadium transaction volume is decreased and the market is going to be closed. International vanadium prices keep dipping, and Chinese domestic market prices also drop. The number of factories in production falls and they mainly remain order-based production.

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