Chinese Feb FeV exports soar 148% y-o-y, V2O5 shipments up 7% y-o-y

China exported 596 tonnes of ferro-vanadium (basis 75% vanadium) in February, an increase of 2.6% month on month and 148% year on year respectively, according to official but unconfirmed data seen by Fastmarkets.

The volume of ferro-vanadium exports in the first two months of 2019 totaled 1,177 tonnes, recording a year-on-year rise of 83.9%, the data showed.
The sharp increase in ferro-vanadium export volumes was partly attributed to higher export prices than in the same period last year despite having softened since late last November after the enforcement of a new rebar quality policy in China was not implemented as stringently as had been expected, sources said.

The revised rebar quality policy,...


Amy Lv

March 29, 2019

13:45 GMT