March vanadium pentoxide powder stocks analysis

Date: Mar 27, 2018

www.ferroalloynet.com: March vanadium pentoxide powder market gets influenced by both upstream ammonium metavanadate and downstream chemical industry, with its operating rate and output at lows. Ammonium metavanadate, as raw material of V2O5 powder, its prices sit at highs and V2O5 powder factories are cautious on procurement. Downstream chemicals and catalyst industries also show less interest in procurement because of the high price level of V2O5 powder. But V2O5 powder inventories have been in decrease as the consumption exceeds the supply.

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