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TSX: PCY $ $0.23 -0.01 (-4.35%)
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Major Chinese SOE Partners with
Canadian Junior on Vanadium Project

Major V2O5 flake suppliers have orders booked up

Date: May 16, 2018 May orders of three major suppliers of vanadium pentoxide flake , Tranvic, Jianlong and Desheng, have been booked up, and the prices remain stable at 190000 rmb/ton (acceptance, tax inclusive). As ferrovanadium and vanadium-ntirogen bidding prices slide, the manufacturers come under great pressure on cost. But with the supply shortage, the prices of raw materials keep firm. Downstream manufacturers faces serious cost overhang.

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