Vanadium producers mostly have signed sufficient orders

Date: Feb 6, 2018 Chinese vanadium producers mostly have finished signing orders ahead of the holiday. The major suppliers of vanadium pentoxide flake, Desheng, Tranvic and Jianlong sign orders mainly with regular customers and remain prices at 182000 rmb/ton (acceptance, tax inclusive) or 177000 rmb/ton (ex-factory, cash, tax inclusive). Market participants mainly hold wait-and-see attitude. The market is going to be closed and majority participants have suspended operation.

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