Chinese Ammonium Metavanadate Prices Increase

BEIJING (Asian Metal) 15 Sep 22 РDue 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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