Chinese Vanadium Pentoxide Flake Market Keeps Weak

BEIJING (Asian Metal) 6 May 22 – As downstream vanadium market couldn’t offer effective support, Chinese vanadium pentoxide flake 98%min prices faced huge dropping pressure during the past week and the market mentality stayed weak. Currently, the mainstream prices of Chinese vanadium pentoxide flake 98%min stand at RMB138,000-140,000/t (USD9.7-9.8/lb V2O5) EXW D/A 180 days, unchanged from late last week.¬†Considering that most buyers prefer to watch the market now, insiders believe that the mainstream prices of Chinese vanadium pentoxide flake 98%min would move down in the coming week.

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