Chinese Ammonium Metavanadate Prices Increase

BEIJING (Asian Metal) 15 Sep 22 – Due to the tight supply in spot market, Chinese ammonium metavanadate market mentality went strong during the past week. Currently, the mainstream prices of Chinese ammonium metavanadate 98%min stand at RMB107,000-109,000/t (USD15.4-15.7/kg) EXW D/P, up by RMB3,000/t (USD0.4/kg) from late last week. Considering that few producers have inventory for the moment, insiders believe that the mainstream prices of Chinese ammonium metavanadate 98%min would keep moving up in the coming week.

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