Chinese Vanadium Pentoxide Flake Prices Move Down

BEIJING (Asian Metal) 20 Jul 22 РAs vanadium alloy prices kept dropping and consumers preferred to watch the market during the past week, Chinese vanadium pentoxide flake 98%min market mentality stayed negative accordingly. Currently, the mainstream prices of Chinese vanadium pentoxide flake 98%min stand at RMB108,000-110,000/t (USD7.4-7.5/lb V2O5) EXW D/P, down by RMB6,000/t (USD0.4/lb V2O5) from middle last week. Considering that the soft market mentality continues, insiders believe that the mainstream prices of Chinese vanadium pentoxide flake 98%min would keep moving down in the coming week.

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