Chinese Ammonium Metavanadate Market Sees Weak Demand From Terminal Users

BEIJING (Asian Metal) 8 Aug 22 – Though inquiries from traders went active slighly during the past week, few terminal users would like to add their inventory.¬†Most insiders preferred to watch the market and the market mentality stayed in a stalemate. Currently, the mainstream prices of Chinese ammonium metavanadate 98%min stand at RMB93,000-95,000/t (USD13.8-14.1/kg) EXW D/P, unchanged from early last week.¬†Considering that market prices almost stayed at the same line with most producers’ production cost, insiders believe that the mainstream prices of Chinese ammonium metavanadate 98%min would stay in a staleamte in the coming week.

Please visit more information https://www.asianmetal.com/news/1840207/Chinese-ammonium-metavanadate-market-sees-weak-demand-from-terminal-users/14