Desheng Group’s Production Of V2O5 Increases By 31% In 2019

BEIJING (Asian Metal) 6 Jan 20 – Sichuan Desheng Group Vanadium And Titanium Co.,Ltd produced 13,000t of vanadium pentoxide flake 98%min in 2019, up by 31% from last year.

“We produced 13,000t in total in 2019. Among of them, Sichuan Desheng produced 9,000t, up by 21.6% from last year; Yunnan Desheng produced 4,000t, up by 60% from last year,” said the source of this company. They quote their vanadium pentoxide flake 98%min at RMB96,000/t (USD6.4/lb V2O5) EXW D/A 180 days at the moment, unchanged from last week.

Located in Sichuan and Yunnan, they are one of the major top 5 producers of vanadium pentoxide flake in China.

Currently, mainstream prices for Chinese vanadium pentoxide flake 98%min stand at RMB92,500-95,500/t (USD6.1-6.3/lb V2O5) EXW D/A 180 days, the same as last week.