Vanadium price forecasts for next week (January 29- February 2, 2018)

Date: Jan 26, 2018 This week Chinese vanadium market continues consolidation at highs. Vanadium-nitrogen bidding prices tend to shrink slightly and now stand mainly at about 285000 rmb/ton with tax. Vanadium pentoxide producers quote stably and sign orders mainly with regular customers. The market is full of wait-and-see sentiment. The market next week is anticipated to continue consolidation and waits for the bidding prices from steel mills.

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