Vanadium buying activity has almost no progress

Date:Jul 25, 2018 The whole vanadium market is inactive in transaction. The high prices and unclear market trend lead the traders to become cautious in procurement even though they have only small quantity of spot cargoes. Most market participants keep a close eye on steel mills’ bidding prices. But several traders expect the price to go further up as they think the insufficient spot cargoes will continue to drive vanadium prices.

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