Chinese Ammonium Metavanadate Prices Loosen

BEIJING (Asian Metal) 11 Oct 22 – Due to the soft demand from terminal users, Chinese ammonium metavanadate market mentality went soft slightly during the past week. Currently, the mainstream prices of Chinese ammonium metavanadate 98%min stand at RMB111,000-113,000/t (USD15.6-15.9/kg) EXW D/P, down by RMB1,000/t (USD0.1/kg) from late last month. Considering that inquiries in spot market stay rare for the moment, insiders believe that the mainstream prices of Chinese ammonium metavanadate 98%min would keep weak in the coming week.

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