March ferrovanadium 50# stocks analysis

Date: Mar 29, 2018 March ferrovanadium 50# operating rate and output are increased slightly from last month. However, with the effect of V2O5 flake supply shortage, downstream factories face high production cost and mostly conduct order-based production. International vanadium prices are higher than Chinese domestic market, so some FeV80 manufacturers do export business. The inventories are in decrease.

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