BEIJING (Asian Metal) 27 Dec 19 – With a production capacity of 4,800tpy for vanadium pentoxide flake 98%min, Jinzhou Jixin Industry Co., Ltd. produced 3,000t of vanadium pentoxide flake 98%min in 2019, the same as last year.
“We produced 3,000t of vanadium pentoxide flake 98%min in 2019, unchanged from last year. Of that, 90% is for OEM,” said the source. They quote at RMB96,000/t (USD6.35/lb V2O5) EXW D/A 180 days at the moment.
Located in Jinzhou, they are one of the three producers for vanadium pentoxide flake 98%min in Northeast China. The other two are CITIC Jinzhou Metal Co., Ltd. and Liaoning Hongjing Group.
Currently, mainstream prices for Chinese vanadium pentoxide flake 98%min keep at RMB92,500-95,500/t (USD6.12-6.32/lb V2O5) EXW D/A 180 days, down by RMB500/t (USD0.03/lb V2O5) from last week. The market stays in a stalemate.
www.asianmetal.com
