BEIJING (Asian Metal) 16 Apr 20 – With an annual production capacity of 1,200t for ammonium metavanadate 98%min, Ji’an Xieli New Material Processing Plant resumed production this Wednesday. Before that, they were out of production for two and a half months.
“As the situation of COVID-19 was serious in our local area, we didn’t resume production in the past two months. We just start to produce from this Wednesday and we could produce 1t per day at the moment,” said the source. This company stopped production at the end of January and they could produce 3t per day in normal. They quote at RMB93,000/t (USD13.2/kg) to their regular clients at the moment.
Located in Ji’an, they are one of four producers for ammonium metavanadate 98%min in local area.
At present, mainstream prices for Chinese ammonium metavanadate 98%min stand at RMB87,000-89,000/t (USD12.3-12.7/kg) Inc-VAT EXW D/P, unchanged from last week.
www.asianmetal.com
