Chinese Ammonium Metavanadate Prices Soft

BEIJING (Asian Metal) 16 Nov 22 – Due to the soft demand, Chinese ammonium metavanadate market stayed quiet and the market mentality kept weak during the past week. Currently, the mainstream prices of Chinese ammonium metavanadate 98%min stand at RMB114,000-116,000/t (USD16-16.3/kg) EXW D/P, unchanged from late last week.¬†Considering that downstream vanadium market couldn’t offer any effective support now, insiders believe that the mainstream prices of Chines ammonium metavanadate 98%min would stay weak in the coming week.

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