Chinese Vanadium Pentoxide Flake Prices Soft

BEIJING (Asian Metal) 7 Mar 23 – In view of the sufficient supply in spot market, Chinese vanadium pentoxide flake 98%min market mentality stayed soft during the past week. Currently, the mainstream prices of Chinese vanadium pentoxide flake 98%min stand at RMB140,000-142,000/t (USD9.3-9.4/lb V2O5) EXW D/A 180 days, unchanged from late last week. Considering that most buyers prefer to watch the market and inquiries in spot market stay rare now, insiders believe that the mainstream prices of Chinese vanadium pentoxide flake 98%min would stay soft in the coming week.

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