Chinese Ammonium Metavanadate Prices Drop

BEIJING (Asian Metal) 1 Apr 22 РAs downstream vanadium product prices moved down, Chinese ammonium metavanadate 98%min price lost its market support and the mentality turned negative this week. Currently, the mainstream prices of Chinese ammonium metavanadate 98%min stand at RMB136,000-138,000/t (USD21.4-21.7/kg) EXW D/P, down by RMB3,000/t (USD0.5/kg) from late 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 stay soft in the coming week.

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