BEIJING (Asian Metal) 21 Aug 19 – Chongyang Sanxin Vanadium Co., Ltd. Resumed production for vanadium pentoxide powder early this week.
“We were out of production during the past month as the environment protection policy was strictly enforced. We resumed production this Monday and are producing for the signed orders now. We expect to produce 30t of vanadium pentoxide powder in the coming month,” the General Manager of this company told Asian Metal.
located in Chongyang Hubei, they are one of seven producers of vanadium pentoxide powder above designated scale in the local area. With an annual production capacity of 1,000t, the company produced 50t in June and 20t in July. Holding no inventory now.
This Wednesday, mainstream prices for Chinese vanadium pentoxide powder 98%min keep at RMB132,000-136,000/t (USD8.7-8.9/lb V205) EXW D/P, down by RMB9,000/t (USD0.6/lb V205) from last week.
www.asianmetal.com
