Chinese vanadium suppliers increase offered prices

Date:May 29, 2018 Chinese vanadium market is firm in price. Vanadium pentoxide flake market sees thin transaction and amid the supply shortage, major suppliers quote at 190000 rmb/ton (acceptance, tax inclusive) but are yet to sign orders recently. Ferrovanadium offers increase along with the cost to 195000 rmb/ton with tax but there is no trading reported at this level. The bidding prices haven’t be issued yet.

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