Monthly Vanadium Market Report Aug 2024
2024-09-12 08:32:01 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
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1. Market Highlights
Discouraged by the weak demand from the downstream, prices of Chinese ammonium metavanadate, vanadium pentoxide flake 98%min, and vanadium pentoxide powder stayed stable in the first half month and moved down for about a week, and finally remained unchanged in the late August 2024. However, Ferrovanadium 50%min and vanadium nitride N 14%min prices moved down in the first of the month and then kept for about one week in view of the steady demand, and finally it went up a little in the late of August due to more buying activities.
Dragged by the weak demand of the downstream, and most suppliers refused to market down prices at the beginning, the European and American markets prices of vanadium related products remained stable in the first half month and then decreased for a short time, then it finally stayed unchanged in the late of August 2024.
Discouraged by the weak demand from the downstream, prices of Chinese ammonium metavanadate, vanadium pentoxide flake 98%min, and vanadium pentoxide powder stayed stable in the first half month and moved down for about a week, and finally remained unchanged in the late August 2024. However, Ferrovanadium 50%min and vanadium nitride N 14%min prices moved down in the first of the month and then kept for about one week in view of the steady demand, and finally it went up a little in the late of August due to more buying activities.
Dragged by the weak demand of the downstream, and most suppliers refused to market down prices at the beginning, the European and American markets prices of vanadium related products remained stable in the first half month and then decreased for a short time, then it finally stayed unchanged in the late of August 2024.
