Chinese Ammonium Metavanadate Market Sees Soft Mentality

BEIJING (Asian Metal) 28 Apr 22 – As downstream vanadium product price keeps moving down, Chinese ammonium metavanadate 98%min price lost its support and market mentality stays soft now. Currently, the mainstream prices of Chinese ammonium metavanadate 98%min stand at RMB130,000-132,000/t (USD20-20.3/kg) EXW D/P, down by RMB4,000/t (USD0.6/kg) from middle last week. Considering that most buyers prefer to watch the market now, insiders believe that the mainstream prices of Chinese ammonium metavanadate 98%min would edge down in the coming week.

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