Chinese Ammonium Metavanadate Prices Up

BEIJING (Asian Metal) 8 Mar 22 – As international vanadium prices kept moving up, Chinese ammonium metavanadate 98%min market mentality went strong accordingly. Currently, the mainstream prices of Chinese ammonium metavanadate 98%min stand at RMB129,000-131,000/t (USD20.5-20.8/kg) EXW D/P, up by RMB5,000/t (USD0.8/kg) from early last week. Considering that the strong market mentality continues, insiders believe that the mainstream prices of Chinese ammonium metavanadate 98%min would break up RMB138,000/t (USD21.9/kg) in the coming week.

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