Date: Oct 16, 2018 week, Tranvic and Desheng increased V2O5 flake prices again to 420000 rmb/ton from 370000 rmb/ton by acceptance. Amid the supply tightness, the continued price increase of VN alloy keep pushing V205 flake prices higher and higher. The transaction prices of vanadium pentoxide flake constantly break new highs. Some vanadium-nitrogen manufacturers can’t purchase V2O5 flake, hence they suspend production.

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