Chinese Vanadium Pentoxide Flake Prices Stay Firm

BEIJING (Asian Metal) 30 Nov 22 РThough inquiries in spot market stayed rare during the past week, no suppliers chose to loosen their prices to promote sales due to lack of inventory pressure. Currently, the mainstream prices of Chinese vanadium pentoxide flake 98%min stay at RMB122,000-124,000/t (USD7.8-8/lb V2O5) delivered D/A 180 days, unchanged from late last week. Considering that the tight supply in spot market continues, insiders believe that the mainstream prices of Chinese vanadium pentoxide flake 98%min would keep solid in the coming week.

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