www.ferroalloynet.com: Compared with the decline in May, the rising price in June has promoted more transactions in the market. Vanadium is hard to purchase in the mid-month and the price is stable and strong. The accumulated stocks in the metallurgical V2O5 powder market were released last month. At the end of the month, there were few stocks. Only some enterprises producing high-purity vanadium powder or chemical vanadium powder had a small amount of stock. Therefore, the stock of V2O5 powder manufacturers at the end of June decreased significantly compared with that in May.
According to the incomplete statistics of 36 vanadium pentoxide (powder) production enterprises, the stock is about 65 tons at the end of June 2019, 168 tons less than the previous month.
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Product
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Spec.
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Stock in June(Ton)
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Stock compared with May(Ton)
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vanadium pentoxide
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Powder
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64
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↓168
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