Chinese Vanadium Pentoxide Flake Market Sees Solid Mentality

BEIJING (Asian Metal) 18 Oct 22 – As few suppliers had inventory pressure, Chinese vanadium pentoxide flake 98%min market saw solid mentality during the past week. Currently, the mainstream prices of Chinese vanadium pentoxide flake 98%min stand at RMB118,000-120,000/t (USD7.6-7.7/lb V2O5) EXW D/A 180 days, unchanged from early last week. Considering that the tight supply in spot market continues, insiders believe that the mainstream prices of Chinese vanadium pentoxide flake 98%min would keep solid in the coming week.

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