Vanadium price forecasts for May (May 2-30, 2018)

Date:May 2, 2018 In April, Chinese vanadium market fell into gridlock and the bidding prices of FeV and VN Alloy are reduced in the second half of the month. The supply shortage of vanadium raw materials had been lasted for a long time, but the procurement demand from downstream market underperformed. The biddings for May are not performing well. Thus alloy prices in downstream market may continue to slide slowly.

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