Weak buying interest slows vanadium spot trading

China’s export price for ferro-vanadium was stable for the third consecutive week in the latest assessment period ended Thursday January 2, amid relatively low liquidity in both the domestic and European markets.

Buying interest for ferro-vanadium in China from overseas markets has been limited in the past week because many participants were still absent from the market for the Christmas break, according to market sources.
Fastmarkets’ assessment for ferro-vanadium, 78% V min, fob China, stood at $27-29 per kg on January 2, unchanged from the previous week.

Prices for Chinese domestic vanadium products including ferro-vanadium and vanadium nitrogen were largely stable as suppliers held offers firm, but buying appetite waned after many mills have completed restocking for the use over the week-long Chinese New Year...

Published

Ewa Manthey

Amy Lv

January 06, 2020

14:29 GMT

Shanghai, London