Chinese Vanadium Pentoxide Flake Prices Edge Up

BEIJING (Asian Metal) 13 Dec 22 – As most suppliers preferred to hold back from selling during the past week, Chinese vanadium pentoxide flake 98%min market mentality turned positive slightly. At present, the mainstream prices of Chinese vanadium pentoxide flake 98%min stay at RMB123,000-125,000/t (USD8.2-8.3/lb V2O5) EXW D/A 180 days, up by RMB1,000/t (USD0.1/lb V2O5) from early last week. Considering that terminal market demand couldn’t offer effective for the moment, insiders believe that the mainstream prices of Chinese vanadium pentoxide flake 98%min would stay in a stalemate in the coming week.

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