Chinese vanadium pentoxide flake market sees tight supply
Date:Jun 13, 2018
BEIJING (Asian Metal) 13 Jun 18 – Currently, Chinese vanadium pentoxide flake market sees tight supply, and mainstream prices for Chinese vanadium pentoxide flake 98%min are RMB198,000-201,000/t (USD14.32-14.53/lb V) EXW D/A six month, up sharply by RMB6,000/t (USD0.43/lb V) from last week, but still with tight supply in the market. Prices for Chinese vanadium pentoxide flake are expected to keep firm in the coming week.
A producer in South China claimed that their quotation for vanadium pentoxide flake 98%min is RMB198,000/t (USD14.32/lb V) EXW D/A six month at present, up by RMB6,000/t (USD0.43/lb V) from last week. He noted, “We have signed all orders for June and now buyers can place orders as soon as early July to pick up the goods. Our current consumers are various and we can receive enquiries from more than five customers a day, without any difficulties in sales.” With good market performance for vanadium pentoxide flake, the source refuses to sell at lower prices and he expected that prices for Chinese vanadium pentoxide flake 98%min would keep at RMB198,000-200,000/t (USD14.32-14.46/lb V) EXW D/A six month in the coming week.
