Chinese Ammonium Metavanadate Prices Up

BEIJING (Asian Metal) 31 Aug 22 РAs most producers preferred to hold back from selling due to the thin profit, Chinese ammonium metavanadate market mentality went strong slightly during the past week. At present, the mainstream prices of Chinese ammonium metavanadate 98%min stand at RMB104,000-106,000/t (USD15.1-15.3/kg) EXW D/P, up by RMB4,000/t (USD0.6/kg) from late last week. Considering that the tight supply in spot market continues, insiders believe that the mainstream prices of Chinese ammonium metavanadate 98%min would edge up in the coming week.

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