Chinese Ammonium Metavanadate Prices Firm

BEIJING (Asian Metal) 1 Mar 23 – As few producers had inventory pressure, Chinese ammonium metavanadate market mentality stayed solid during the past week. Currently, the mainstream prices of Chinese ammonium metavanadate 98%min stand at RMB130,000-132,000/t (USD18.7-19.0/kg) EXW D/P, unchanged from middle last week. Considering that downstream vanadium product prices stay in a stalemate for the moment, insiders believe that the mainstream prices of Chinese ammonium metavanadate 98%min would keep firm in the coming week.

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