Chinese Ammonium Metavanadate Prices Stay Firm

BEIJING (Asian Metal) 19 Oct 22 – Due to the thin profit, few ammonium metavanadate 98%min producer would like to loosen their prices and the market mentality stayed firm during the past week. Currently, the mainstream prices of Chinese ammonium metavanadate 98%min stand at RMB111,000-113,000/t (USD15.4-15.7/kg) EXW D/P, unchanged from early last week. Considering that most producers prefer to hold back from selling now, insiders believe that the mainstream prices of Chinese ammonium metavanadate 98%min would stay firm in the coming week.

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