Chinese Vanadium Pentoxide Flake Prices Keep Steady

BEIJING (Asian Metal) 22 Apr 22 – Due to COVID-19 control, the freight industry couldn’t operate as normal, Chinese vanadium pentoxide flake 98%min suppliers held back from selling during the past week and market mentality stayed steady. Currently, the mainstream prices of Chinese vanadium pentoxide flake 98%min stand at RMB140,000-142,000/t (USD10.2-10.4/lb V2O5) EXW D/A 180 days, unchanged from late last week.¬†Considering that downstream vanadium alloy prices keep moving down and couldn’t offer effective support now, insiders believe that the mainstream prices of Chinese vanadium pentoxide flake 98%min would stay weak in the coming week.

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