Chinese Vanadium Pentoxide Flake Market Stays Soft

BEIJING (Asian Metal) 4 Aug 22 – As terminal users’ demand stayed soft, Chinese vanadium pentoxide flake 98%min market mentaltiy kept weak during the past week. Currently, the mainstream prices of Chinese vanadium pentoxide flake 98%min stand at RMB98,000-100,000/t (USD6.7-6.9/lb V2O5) EXW D/P, down by RMB2,000/t (USD0.1/lb V2O5) from late last week.¬†Though inquiries from traders started to grow from this Monday, it didn’t bring any effective influence on the real market demand, and insiders believe that the mainstream prices of Chinese vanadium pentoxide flake 98%min would stay soft in the coming week.

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