V2O5 flake prices are stabilized by the major manufacturers

Date: Aug 6, 2018

www.ferroalloynet.com: Chinese¬†vanadium¬†pentoxide flake market has been in supply shortage for a long time, so the prices keep high at 270000-275000 rmb/ton with tax by cash. The three major manufacturers attract much attention of the market participants. The spot cargoes are all in the mainstream manufacturers’ hands, so their quotations have great influence on the market. Today, Desheng quotes V2O5 flake at 270000 rmb/ton with tax by acceptance. Since Desheng expressed they wanted to stablize the market, this price increase has been more than half a month slower than Jianlong.

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