Chinese Ammonium Metavanadate Prices Drop

BEIJING (Asian Metal) 26 Apr 22 – As downstream vanadium products prices moved down again and again, Chinese ammonium metavanadate 98%min prices couldn’t get effective support and suppliers held negative attitude during the past week. At present, 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 early last week.¬†Considering that the soft market mentality continues, insiders believe that the mainstream prices of Chinese ammonium metavanadate 98%min face huge dropping pressure in the coming week.

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