Chinese Vanadium Pentoxide Flake Prices Stay Firm

BEIJING (Asian Metal) 27 Sep 22 РDue to the tight supply in spot market, Chinese vanadium pentoxide flake 98%min market mentality stayed firm during the past week. At present, the mainstream prices of Chinese vanadium pentoxide flake 98%min stand at RMB118,000-120,000/t (USD7.6-7.8/lb V2O5) EXW D/A 180 days, unchanged from early last week. Considering that few suppliers have inventory pressure now, insiders believe that the mainstream prices of Chinese vanadium pentoxide flake 98%min would maintain firm in the coming week.

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