The rapid and significant falls in manganese ore prices in 2019 and 2020 have created “frozen stocks,” which are believed to have acted as a buffer for the ore market while also demonstrating some different characteristics over both years, sources told Fastmarkets.
Fastmarkets today launches two weekly Chinese domestic price assessments for vanadium nitrogen and vanadium pentoxide (V2O5), expanding its current price coverage of the vanadium market.