October ferrovanadium stocks analysis

Date: Oct 26, 2017

www.ferroalloynet.com: October ferrovanadium 50# market sees thinness in transaction and low level in both operating rate and output. Ferrovanadium manufacturers in northeast China haven’t recovered and the manufacturers in Hubei also haven’t been seen nuch production. As the market prices of ferrovanadium slump sharply, some of them have sold a number of materials and many traders actively sell for profit-taking. Therefore, the total stocks of ferrovanadium decrease in number.

According to incomplete statistics of 40 ferrovanadium manufacturers, the ferrovanadium stocks total 375 tons, down 50 tons from last month.

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