Chinese Ammonium Metavanadate Prices Keep Moving Down

BEIJING (Asian Metal) 2 Jun 22 – As the economic situation starts to turn to optimistic after COVID-19 control, ammonium metavanadate 98%min market inquiries keep growing so far this week. However, few buyers would really purchase and most buyers still prefer to watch the market. Currently, the mainstream prices of Chinese ammonium metavanadate 98%min stand at RMB103,000-105,000/t (USD15.4-15.7/kg) EXW D/P, down by RMB2,000/t (USD0.3/kg) from late last week. Considering that the effective inquiries still keep rare to see now, insiders believe that the mainstream prices of Chinese ammonium metavanadate 98%min would stay weak in the coming week.

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