Monthly Vanadium Market Report Mar 2023
2023-04-12 20:27:51 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
Please contact us for a subscription.
Please contact us for a subscription.
1. Market Highlights
In March, rebar prices moved down a lot due to the demand reduction, which brought huge negative influence on vanadium price trend. Meanwhile, most vanadium suppliers faced increasing inventory pressure and the sufficient supply in spot market continues, vanadium prices faced huge dropping pressure. The market mentality stayed soft.
In international vanadium market, due to the soft demand and the sufficient supply in spot market, the market mentality stayed negative and market prices moved down gradually. Most buyers preferred to watch the market.
In March, rebar prices moved down a lot due to the demand reduction, which brought huge negative influence on vanadium price trend. Meanwhile, most vanadium suppliers faced increasing inventory pressure and the sufficient supply in spot market continues, vanadium prices faced huge dropping pressure. The market mentality stayed soft.
In international vanadium market, due to the soft demand and the sufficient supply in spot market, the market mentality stayed negative and market prices moved down gradually. Most buyers preferred to watch the market.
