Chinese flake vanadium pentoxide 98%min price firm

Date: Dec 21, 2017

BEIJING (Asian Metal) 21 Dec 17 – At present, the mainstream prices for Chinese flake vanadium pentoxide 98%min stand in a range of RMB130,000-133,000/t EXW D/A 180 days, unchanged from last week.  The downstream demand for the material kept strong, so next week the price would stay firm at current level.

A producer in South China this week sold 30t of flake vanadium pentoxide 98%min at RMB133,000/t EXW D/A 180 days, in line with last week when they sold 60t of the material at RMB133,000/t EXW D/A 180 days. “We refused lower prices because orders were sufficient and we had no stock pressure,” said the source, who believed that next week the price would keep firm.

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