May vanadium-nitrogen operating rate and output analysis

Date:May 31, 2018 In May, Chinese vanadium-nitrogen manufacturers suffer serious cost overhang, and some of them reduce output in order to consume excess inventory. After they sold part of materials with low price, vanadium-nitrogen market prices started to rise at the end of this month. However, impacted by upstream market, vanadium-nitrogen operating rate remains unchanged and the output is reduced slightly according to the market supply-demand.

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