The Production For V2O5 Of Yudian Vanadium Drops By 27.8% In 2019

BEIJING (Asian Metal) 27 Dec 19 – With an annual production capacity of 2,000t for vanadium pentoxide flake 98%min, Xichuan Yudian Vanadium Industry Co., Ltd. produced 1,300t of vanadium pentoxide flake 98%min in 2019, down by 500t from last year.

“We are out of production at the moment because of the serious environmental protection situation in local area and it’s hard for us to reproduce before the Spring Festival. Affected by this, we only produced 1,300t of vanadium pentoxide flake 98%min in total this year,” said the source. According to Asian Metal, this company produced 1,800t in 2018.

Located in Nanyang, they are the only one producer for vanadium pentoxide flake in Henan.

Currently, mainstream prices for Chinese vanadium pentoxide flake 98%min stand 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. Dealing prices concentrated in the high range.