Vanadium: Outlook to 2028, 17th Edition
|出版商||Roskill Information Services||商品編碼||341855|
|釩市場展望:第15版 Vanadium: Outlook to 2028, 17th Edition|
|出版日期: 2019年03月05日||內容資訊: 英文||
Vanadium prices increased dramatically in 2018 as the market moved into structural deficit. On the supply side, a reduction in global feedstock capacity, dwindling global inventories, feedstock tightness in China, and trade issues contributed to price rises. On the demand side, the introduction of new rebar regulations in China, designed to limit the use of inferior steels in construction, was the main factor to impact global price trends.
Roskill's base case outlook sees the market remaining in deficit for some time. With feedstock coming from three different sources (primary production, co-production and secondary production), the market for vanadium is dynamic and diverse. Co-production is unable to respond to high demand and prices as it is governed by iron and steel market dynamics. There is also limited upside potential from primary and secondary supply, save for Chinese coal stone (an important vanadium-bearing resource in China).
While supply will remain tight, demand is set to increase considerably over the short term. Roskill's five-year outlook predicts total market growth of 4%py owing to anticipated near-term changes to Chinese vanadium-bearing steel demand.
Roskill's updated study provides a full breakdown of demand for vanadium by its various applications. Steel applications account for over 90% of total consumption. High-strength low-alloy (HSLA) steels are by far the largest market for vanadium. The report also includes Roskill's updated forecasts for vanadium in batteries, which have been slated as a potential growth market. Roskill's report includes a focused chapter dedicated to the use cases, competing technologies, advantages, disadvantages and economics of vanadium redox batteries.
With a tight market expected for several years it is essential to understand the possibilities for new supply. Roskill's 10-year outlook assesses whether existing producers can increase output, the viability of new projects under development entering production, and the likelihood that projects on care and maintenance will restart.
With thorough coverage of historical trends and detailed ten-year forecasts, Roskill's report is the most comprehensive vanadium report on the market. It provides analysis of supply, demand, trade, and prices, complete with detailed historical and forecast data, geared specifically to the needs of industry participants, traders and investors.
Roskill's report also includes quarterly vanadium updates, which keeps you informed of industry news and trends, and allows us to provide you with up-to-date supply, demand and price forecasts on a quarterly basis.
Roskill's market-leading vanadium report is updated and released every 12 months.