Chinese Vanadium Pentoxide Flake Prices Drop

BEIJING (Asian Metal) 14 Jul 22 – As vanadium alloy prices kept dropping, Chinese vanadium pentoxide flake 98%min market mentality went negative accordingly during the past week. Currently, the mainstream prices of Chinese vanadium pentoxide flake 98%min stand at RMB114,000-116,000/t (USD7.9-8.0/lb V2O5) EXW D/P, down by RMB3,000/t (USD0.2/lb V2O5) from middle last week. Considering that most suppliers prefer to clear their inventory as soon as possible, insiders believe that the mainstream prices of Chinese vanadium pentoxide flake 98%min would drop to around RMB110,000/t (USD7.6/lb V2O5) in the coming week.

Please visit more information https://www.asianmetal.com/news/1829878/Chinese-vanadium-pentoxide-flake-prices-drop/14