Vanadium price forecasts for next week (February 5-10, 2018)

Date: Feb 2, 2018 This week Chinese vanadium transaction prices shrink. Vanadium pentoxide flake market prices have a larger fluctuation and ferrovanadium and vanadium-nitrogen bidding prices slide to some extent. V2O5 flake producers mainly sign orders and remain prices stable at present. Near the lunar new year, the market is coming to close, and the transaction is becoming thiner.Market participants take a wait-and-see attitude and mostly have no intention to purchase. The market next week is likely to continue consolidation and the transaction volume will decrease.

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