Ferrovanadium suppliers show reluctance of selling at lows

Date: Jun 6, 2018

www.ferroalloynet.com: Ferrovanadium supplies become tight. Some companies have no inventories now and some others who have small quantity of inventories only sign orders with regular customers. Vanadium-nitrogen market faces the same situation. Some vanadium-nitrogen suppliers quote at 290000 rmb/ton with tax and som others stop quotation and hold wait-and-see attitude.According to upstream and downstream market conditions, ferrovanadium and vanadium-nitrogen prices are likely to go further up.

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