Chinese Vanadium Pentoxide Flake Prices Solid

BEIJING (Asian Metal) 23 Nov 22 – Though few consumers would like to add inventory and inquiries in spot market stayed rare, Chinese vanadium pentoxide flake 98%min market still saw solid mentality during the past week as few suppliers had inventory pressure. Currently, the mainstream prices of Chinese vanadium pentoxide flake 98%min stand at RMB122,000-124,000/t (USD7.8-8/lb V2O5) EXW D/A 180 days, unchanged from late last week. Considering that the solid market mentality continues, insiders believe that the mainstream prices of Chinese vanadium pentoxide flake 98%min would keep firm in the coming week.

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