V2O5 flake deal prices remain stable temporarily

Date: Sep 11, 2018

www.ferroalloynet.com: Vanadium pentoxide flake has been tight in supply for a long time. Though other suppliers try to increase their offers, Trancvic, Desheng, Jianlong still stabilize the prices and other large-scale manufacturers such as Hongjing mostly suspend quotation without no spot cargoes. The price stability of V2O5 flake is mainly due to the lack of transactions. After all, the market is quite tight in supply. However, Hongjing’s exporting prices to Europe increase sharply to 290000 rmb/ton by cash.

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